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96 Fifth Street

Encompass Property Solutions Acquires Multifamily Property In Cambridge, MA For $1.35M
SOLDMultiFamily

Encompass Property Solutions Acquires Multifamily Property In Cambridge, MA For $1.35M

96 Fifth Street

$1,350,000

$792/SF

Building Size

1,704 SF

Asset Type

MultiFamily

Closing

Oct 10, 2023

AI

A multifamily property located at 96 Fifth Street in Cambridge, MA, was sold for $1,350,000. The transaction involved a 1,704 square foot space, with a price per square foot (PPSF) of $792.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Square Footage: 1,704
  • Price per Square Foot (PPSF): $792
  • Address: 96 Fifth Street, Cambridge, MA
  • Market: Cambridge, MA

The buyer's representative in the deal was John Raposo from Encompass Property Solutions LLC, while the seller's representative was Ying Chen from Redfin.

Players

John Raposo

Encompass Property Solutions

Broker

$6.3M

vol

5 deals

Broker

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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93