Coldwell Banker Acquires Multifamily Property In Cambridge For $2.56M
73 Wendell Street, Cambridge, Massachusetts 02138, United States
$2,560,000
$584/SF
Building Size
4,381 SF
Asset Type
MultiFamily
Closing
Jul 25, 2022
AI
A multifamily property located at 73 Wendell St in Cambridge, MA has been sold for a price of $2,560,000. The property spans a total area of 4,381 square feet, resulting in a price per square foot of $584.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,560,000
- Address: 73 Wendell St, Cambridge, MA
- Market: Cambridge, MA
The buyer was represented by Gail Roberts, Ed Feijo & Team from Coldwell Banker Realty - Cambridge. On the other hand, the seller was represented by the Kendall Green Luce Team from Compass.
Players
Cambridge 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
6.20%
Cash-on-Cash
-1.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93