Compass Brokers Sell Cambridge Multifamily Property For $1.39M
SOLD
$1,390,000
New York
See Similar DealsMultiFamily3,054 SF
Sold 05/07/2021
SOLD
Compass Brokers Sell Cambridge Multifamily Property For $1.39M
32 Edward Avenue, Monticello, Sullivan, NY, USA
See Similar DealsMultiFamily3,054 SF
Sold 05/07/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$455
Total Square Footage:3,054 SF
Transaction Type:Sale
A multifamily property located at 32 Edward T. Sullivan in Cambridge, MA has been sold for a price of $1,390,000. The property spans over 3,054 square feet, resulting in a price per square foot of $455.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,390,000
- Address: 32 Edward T. Sullivan, Cambridge, MA
- Market: Cambridge, MA
- Square Footage: 3,054
- Price per Square Foot: $455
The sale was facilitated by Team Patti Brainard & Denman Properties from Compass.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,938.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,589.31
Annual Debt Service$79,071.71
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