RE/MAX DESTINY Represents $2.7M Sale Of Multifamily Property In Cambridge, MA
95 Hampshire St, Cambridge, Massachusetts 02139, United States
$2,700,000
$516/SF
Building Size
5,223 SF
Asset Type
MultiFamily
Closing
Jul 28, 2022
AI
Located at 95-97 Hampshire St in Cambridge, MA, this multifamily property was recently sold for a price of $2,700,000. Spanning across 5,223 square feet, the property offers a competitive price per square foot of $517.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,700,000
- Date: 07/29/2022
- Address: 95-97 Hampshire St, Cambridge, MA
- Market: Cambridge, MA
- Buyer's Representative: David Lilley - RE/MAX DESTINY
- Seller's Representative: Gary Luongo - RE/MAX DESTINY
The buyer's representative, David Lilley from RE/MAX DESTINY, played a crucial role in facilitating the transaction. Alongside him, the seller's representative, Gary Luongo, also from RE/MAX DESTINY, provided their expertise in securing a successful deal.
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93