facebook
Traded Co logo
Submit

Dee Minnock Of SelectRE Boston Acquires Somerville Multifamily For $1.5M

Property Image
SOLD
$1,500,000
Dee Minnock
Philip Chaves
Marjie Fitzpatrick

Massachusetts

See Similar Deals
MultiFamily3,319 SF
Sold 12/14/2021
the dealplayerscompscontact
Property Image
SOLD

Dee Minnock Of SelectRE Boston Acquires Somerville Multifamily For $1.5M

106 Bromfield Road, Somerville, MA 02144

See Similar Deals
MultiFamily3,319 SF
Sold 12/14/2021
Dee Minnock
Philip Chaves
Marjie Fitzpatrick
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$451
Total Square Footage:3,319 SF
Transaction Type:Sale

Located at 106 Bromfield Rd in Somerville, MA, this multifamily property was recently sold for $1,500,000. Spanning across 3,319 square feet, the property boasts a price per square foot of $452.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Address: 106 Bromfield Rd, Somerville, MA
  • Market: Somerville, MA
  • Seller's Rep: Marjie and Phil - Coldwell Banker Realty - Arlington
  • Buyer's Rep: Dee Minnock - SelectRE Boston

Marjie and Phil from Coldwell Banker Realty in Arlington represented the seller in this transaction, while Dee Minnock from SelectRE Boston represented the buyer.

Players

Marjie Fitzpatrick
Coldwell Banker
Marjie Fitzpatrick
4 deals$5.7M volume(781) 454-8484
BROKER
Philip Chaves
Advisors Living
Philip Chaves
8 deals$10.5M volume
BROKER
Dee Minnock
Dee Minnock
3 deals$4.5M volume
BROKER

Details

SOLD
IMAGE: Marjie and Phil DATE: 12/14/2021 ADDRESS: 106 Bromfield Rd MARKET: Somerville, MA ASSET TYPE: Multifamily SELLER'S REP: Marjie and Phil - Coldwell Banker Realty - Arlington BUYER'S REP: Dee Minnock - SelectRE Boston SALE PRICE: $1,500,000 SF: 3,319 ~ PPSF: $452

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$79,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18