Updated Dec 4, 2024
Berkshire Hathaway HomeServices Represents Buyer In $1.4M Multifamily Sale At 705 Cambridge Street In Boston
705 Cambridge Street
$1,395,000
$377/SF
Building Size
3,698 SF
Asset Type
MultiFamily
Closing
Oct 7, 2024
About this deal
AI
705 Cambridge Street in Boston, MA, sold for $1,395,000. The asset is a well-maintained multifamily property comprising two residential units, featuring seven bedrooms and four bathrooms within a total area of 3,698 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,395,000
- Units: 2
- Price Per Unit: $697,500
- Square Feet: 3,698
- Price Per Square Foot: $377
- Buyer's Representative: James Savas - Berkshire Hathaway HomeServices
- Seller's Representative: David Dobrowolski - Block Realty
This transaction involved James Savas representing the buyer and David Dobrowolski representing the seller, both individuals active in the real estate market of Boston, MA.
On the Map
$1,395,000
$377/SF
MultiFamily
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Brighton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.37%
Cash-on-Cash
-3.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93