Updated Dec 4, 2024
Team Impressa LLC Acquires Medford Multifamily For $1.175M
11 Lambert Street
$1,175,000
$373/SF
Building Size
3,143 SF
Asset Type
MultiFamily
Closing
Sep 19, 2023
About this deal
AI
A multifamily property located at 11 Lambert Street in Medford, MA has been sold for a price of $1,175,000. The property spans 3,143 square feet, resulting in a price per square foot of $374.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Address: 11 Lambert Street, Medford, MA
- Market: Medford, MA
- Buyer's Rep: Huibin Yao - Team Impressa LLC
- Seller's Rep: Alice Sahakian - Century 21 North East
Huibin Yao from Team Impressa LLC represented the buyer in this transaction, while Alice Sahakian from Century 21 North East represented the seller.
Players
Medford 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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93