Updated Dec 21, 2023
US Real Estate Advisors Facilitates $2.3M Multifamily Sale In Cambridge, MA
94 Berkshire Street, Cambridge, Massachusetts 02141, United States
$2,300,000
$504/SF
Building Size
4,557 SF
Asset Type
MultiFamily
Closing
Oct 10, 2022
About this deal
AI
Located at 94 Berkshire St in Cambridge, MA, this multifamily property recently changed hands in a closed transaction. The sale was facilitated by Patrick Lydon, a representative from USA Real Estate Advisors. The property spans 4,557 square feet and was sold for a total price of $2,300,000, resulting in a price per square foot of $505.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 94 Berkshire St, Cambridge, MA
- Market: Cambridge, MA
Patrick Lydon from USA Real Estate Advisors played a pivotal role in overseeing this sale. Their expertise and guidance ensured a smooth transaction for all parties involved.
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93