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35 Thomas Street

Kyle Spearin Of JL&CoRE Brokers $1.005M Condo Sale In Medford, MA
SOLDCondo

Kyle Spearin Of JL&CoRE Brokers $1.005M Condo Sale In Medford, MA

35 Thomas Street

$1,005,000

$509/SF

Building Size

1,971 SF

Asset Type

Condo

Closing

Mar 6, 2024

AI

The property at 35 Thomas Street in Medford, MA, is a condo spanning 1,971 square feet, with a sale price of $1,005,000 at a price per square foot of $510.

Summary of transaction details:

Kyle Spearin from JL+CoRE represented the buyer in this transaction, while Ben Herman from Valender Properties was the seller's representative.

Players

Benjamin Herman

Valender Properties

Broker

$2.2M

vol

2 deals

Broker

Medford Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.78%

Cash-on-Cash

-4.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93