Updated Dec 18, 2023
Lisa-aron Williams Of Coldwell Banker Realty Acquires $1.36M Multifamily Property In Medford, MA With Seller's Rep Maureen Schlegel
14 Summer Street, Medford, Massachusetts 02155, United States
$1,357,500
$330/SF
Building Size
4,113 SF
Asset Type
MultiFamily
Closing
Feb 17, 2022
About this deal
AI
A multifamily property located at 12-14 Summer St in Medford, MA has been sold for a total price of $1,357,500. The property spans a total of 4,113 square feet, resulting in a price per square foot of $330.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,357,500
- Address: 12-14 Summer St, Medford, MA
- Market: Medford, MA
Lisa-aron Williams from Coldwell Banker Realty - Wayland represented the buyer in this transaction, while Maureen Schlegel from CENTURY 21 Advance Realty acted as the seller's representative.
Players
Medford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Coldwell Banker to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.69%
Cash-on-Cash
-3.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93