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Gibson Sotheby's International Realty Acquires MultiFamily Property In Somerville, MA For $1.2M

Property Image
SOLD
$1,200,000
Max Dublin
Ryan Seward

Massachusetts

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MultiFamily2,444 SF
Sold 11/15/2023
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Property Image
SOLD

Gibson Sotheby's International Realty Acquires MultiFamily Property In Somerville, MA For $1.2M

104 North Street

See Similar Deals
MultiFamily2,444 SF
Sold 11/15/2023
Max Dublin
Ryan Seward
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$491
Total Square Footage:2,444 SF
Transaction Type:Sale

A multifamily property at 104 North Street in Somerville, MA, has changed hands for a sale price of $1,200,000. The property spans 2,444 square feet and has a price per square foot of $491.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,200,000
  • Address: 104 North Street, Somerville, MA
  • Square Footage: 2,444
  • Price per Square Foot: $491
  • Market: Somerville, MA

Max Dublin and his team from Gibson Sotheby's International Realty represented the buyer in this transaction. On the other hand, Ryan Seward of Coldwell Banker Realty in Waltham served as the seller's representative.

Players

Max Dublin
Sotheby's International Realty
Max Dublin
8 deals$12.1M volume
BROKER
Ryan Seward
Coldwell Banker
Ryan Seward
1 deal$1.2M volume(617) 548-2669
BROKER

Details

SOLD
IMAGE: Max Dublin & Ryan Seward DATE: 11/15/2023 ADDRESS: 104 North Street MARKET: Somerville, MA ASSET TYPE: MultiFamily BUYER'S REP: Max Dublin (@MaxDublinRE) & Team - Gibson Sotheby's International Realty (@Gibson_SIR) SELLER'S REP: Ryan Seward - Coldwell Banker Realty - Waltham SALE PRICE: $1,200,000 SF: 2,444 ~ PPSF: $491 NOTE: A multifamily property at 104 North Street in Somerville, MA, has changed hands for a sale price of $1,200,000. Max Dublin and his team from Gibson Sotheby's International Realty represented the buyer, while Ryan Seward of Coldwell Banker Realty in Waltham served as the seller's representative in the transaction.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,263.34
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