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William Senne Of Senné Brokers $1.61M Sale Of Cambridge Multifamily Property
SOLD
$1,610,000
Massachusetts
See Similar DealsMultiFamily2,535 SF
Sold 03/11/2024
SOLD
William Senne Of Senné Brokers $1.61M Sale Of Cambridge Multifamily Property
74 Sixth Street
See Similar DealsMultiFamily2,535 SF
Sold 03/11/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$635
Total Square Footage:2,535 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,719.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,632.22
Annual Debt Service$91,586.66
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