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
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
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
9.85%
Cash-on-Cash
-2.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93