Updated Dec 19, 2023
Century 21 North East Brokers $1.41M Sale Of Multifamily Property In Medford, MA
113 Fellsway West, Medford, Massachusetts 02155, United States
$1,410,000
$339/SF
Building Size
4,149 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
A multifamily property located at 113 Fellsway W in Medford, MA was recently sold in a closed transaction. The property spans 4,149 square feet and was sold for a total price of $1,410,000. The price per square foot was calculated to be $340.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,410,000
- Address: 113 Fellsway W, Medford, MA
- Market: Medford, MA
- Broker: MG Group - Century 21 North East
The sale of this multifamily property was facilitated by the MG Group from Century 21 North East. Their expertise and representation were crucial in finalizing the deal.
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
11.25%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93