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9 Roberts Road Cambridge, M...

Updated Sep 5, 2024

Multifamily Property In Harvard Square, MA Sold For $2.3M
SOLDMultiFamily

Multifamily Property In Harvard Square, MA Sold For $2.3M

9 Roberts Road Cambridge, Massachusetts 02138, USA

$2,300,000

$588/SF

Building Size

3,906 SF

Asset Type

MultiFamily

Closing

Jul 25, 2023

About this deal

AI

A multifamily property located at 9 Roberts Rd in Harvard Square, MA, was recently sold for a total price of $2.3 million. The property spans 3,906 square feet, resulting in a price per square foot of $589.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Square Footage: 3,906
  • Price Per Square Foot: $589
  • Address: 9 Roberts Rd, Harvard Square, MA

The sale of this multifamily property was facilitated by broker Paul E. Raymond.

The multifamily sale at 9 Roberts Road Cambridge, Massachusetts 02138, USA in Roberts, Massachusetts sold for $2.3M in 2023. The building is 3,906 square feet, implying about 588 per square foot on the published price. Paul E. Raymond, Macfarlane Ferguson & McMullen appear on the sale alongside Macfarlane Ferguson & McMullen. This page is the Roberts, Massachusetts file for the 9 Roberts Road Cambridge, Massachusetts 02138, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Roberts sit in the Market section below. Filter that Roberts multifamily set by closing date to see what else sold near 9 Roberts Road Cambridge, Massachusetts 02138, USA around 2023. Published consideration for 9 Roberts Road Cambridge, Massachusetts 02138, USA is $2.3M, dated 2023. Cite this Multifamily Property In Harvard Square, MA Sold For $2.3M sale when underwriting similar multifamily product around Roberts, Massachusetts.

Players

Paul E. Raymond

Macfarlane Ferguson & McMullen

Broker

$14.3M

vol

2 deals

Broker

Roberts MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $588 per square foot on a published $2.3M for 3,906 square feet (2023).

Visit Paul E. Raymond to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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