Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 75-77 Dana Street in Cambridge, Massachusetts sold for $3.2M in 2024. The building is 5,138 square feet, implying about 613 per square foot on the published price. Ryan Mccormick, January Checkovich, Peter Gee Associates, Metro Realty appear on the sale alongside Peter Gee Associates, Metro Realty. This page is the Cambridge, Massachusetts file for the 75-77 Dana Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Cambridge sit in the Market section below. Filter that Cambridge multifamily set by closing date to see what else sold near 75-77 Dana Street around 2024. Published consideration for 75-77 Dana Street is $3.2M, dated 2024. Cite this January Checkovich Acquires Multifamily Property In Cambridge, MA For $3.15M sale when underwriting similar multifamily product around Cambridge, Massachusetts.
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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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93