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74 Sixth Street

Updated Dec 4, 2024

William Senne Of Senné Brokers $1.61M Sale Of Cambridge Multifamily Property
SOLDMultiFamily

William Senne Of Senné Brokers $1.61M Sale Of Cambridge Multifamily Property

74 Sixth Street

$1,610,000

$635/SF

Building Size

2,535 SF

Asset Type

MultiFamily

Closing

Mar 11, 2024

About this deal

AI

A multifamily property located at 74 Sixth Street in Cambridge, MA, was sold for $1,610,000. The transaction was facilitated by William Senne from Senné. The property spans 2,535 square feet with a price per square foot of $635.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,610,000
  • Address: 74 Sixth Street
  • Market: Cambridge, MA

William Senne from Senné played a key role in the sale of the multifamily property at 74 Sixth Street in Cambridge, MA. The successful transaction underscores the importance of skilled real estate professionals in facilitating property deals.

Players

William Senne

Senné

Broker

$38.5M

vol

12 deals

Broker

Cambridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $635 per square foot on a published $1.6M for 2,535 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.85%

Cash-on-Cash

-2.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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