Bobby Woofter Of My Boston Condo Acquires Multifamily Property In Cambridge, MA For $1.7M
9 Laurel St, Cambridge, Massachusetts, USA
$1,758,000
$857/SF
Building Size
2,050 SF
Asset Type
MultiFamily
Closing
Jul 9, 2020
AI
Located at 9 Laurel St in Cambridge, MA, this multifamily property was recently sold on July 9, 2021. The transaction was facilitated by Currier, Lane & Young - Compass, representing the seller, and Bobby Woofter from My Boston Condo, representing the buyer.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,758,000
- Square Footage: 2,050
- Price Per Square Foot: $858
- Market: Cambridge, MA
Notable individuals involved in the deal include the seller's representative, Currier, Lane & Young - Compass, and the buyer's representative, Bobby Woofter from My Boston Condo.
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
9.02%
Cash-on-Cash
-2.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93