SOLDMultiFamily
January Checkovich Acquires Multifamily Property In Cambridge, MA For $3.15M
75-77 Dana Street
$3,150,000
$613/SF
Building Size
5,138 SF
Asset Type
MultiFamily
Closing
May 30, 2024
AI
A multifamily property located at 75-77 Dana Street in Cambridge, MA, was sold for $3,150,000. The property spans 5,138 square feet, resulting in a price per square foot of $613.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,150,000
- Address: 75-77 Dana Street
- Market: Cambridge, MA
January Checkovich from Peter Gee Associates represented the buyer in the transaction, while Ryan McCormick from Metro Realtyserved as the seller's representative.
Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93