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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
SOLD
Massachusetts
See Similar DealsMultiFamily5,893 SF
Sold 11/08/2023
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 DealsMultiFamily5,893 SF
Sold 11/08/2023
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
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Address: 95 Trowbridge Street, Cambridge, MA
- Market: Cambridge, MA
- Buyer's Representative: Sandrine Deschaux - Re/Max Destiny
- Seller's Representative: Max Dublin - Gibson Sotheby's International Realty
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
30 years
10 years
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
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