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Multifamily Property At 95 Trowbridge Street In Cambridge, MA Sells For $3M With Buyer's Rep Sandrine Deschaux & Seller's Rep Max Dublin

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SOLD
$3,000,000

Massachusetts

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MultiFamily5,893 SF
Sold 11/08/2023
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Property Image
SOLD

Multifamily Property At 95 Trowbridge Street In Cambridge, MA Sells For $3M With Buyer's Rep Sandrine Deschaux & Seller's Rep Max Dublin

95 Trowbridge Street

See Similar Deals
MultiFamily5,893 SF
Sold 11/08/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$509
Total Square Footage:5,893 SF
Transaction Type:Sale

A multifamily property at 95 Trowbridge Street in Cambridge, MA, has been successfully transacted with a sale price of $3,000,000. The property has a total square footage of 5,893, resulting in a price per square foot of $509.

Summary of transaction details

Sandrine Deschaux of Re/Max Destiny represented the buyer, while Max Dublin of Gibson Sotheby's International Realty represented the seller in the deal.

Players

Max Dublin
8 deals$12.1M volume
BROKER

Sandrine Deschaux
Re/Max
4 deals$7.9M volume
BROKER

Details

SOLD
IMAGE: Sandrine Deschaux & Max Dublin DATE: 11/08/2023 ADDRESS: 95 Trowbridge Street MARKET: Cambridge, MA ASSET TYPE: Multifamily BUYER'S REP: Sandrine Deschaux (@SandrineDeschaux_RealEstate) - Re/Max Destiny (@DestinyAgents) SELLER'S REP: Max Dublin (@MaxDublinRE) - Gibson Sotheby's International Realty (@Gibson_SIR) SALE PRICE: $3,000,000 SF: 5,893 ~ PPSF: $509 NOTE: A multifamily property at 95 Trowbridge Street in Cambridge, MA, has been successfully transacted with a sale price of $3,000,000. Sandrine Deschaux of Re/Max Destiny represented the buyer, while Max Dublin of Gibson Sotheby's International Realty represented the seller in the deal.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37