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
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