Updated Dec 4, 2024
Keller Williams Realty Boston South West Acquires Multifamily In Malden, MA For $1.06M
12 Oak Terrace
$1,060,000
$297/SF
Building Size
3,561 SF
Asset Type
MultiFamily
Closing
Aug 30, 2023
About this deal
AI
A multifamily property located at 12 Oak Terrace in Malden, Massachusetts, was sold for $1.06 million. The property spans 3,561 square feet, resulting in a price per square foot of $298.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Address: 12 Oak Terrace, Malden, MA
- Buyer's Rep: Chris Yang - Keller Williams Realty Boston South West
- Seller's Rep: Joanna Kirylo - Berkshire Hathaway Homeservices Warren Residential
- Market: Malden, MA
The transaction involved Chris Yang from Keller Williams Realty Boston South West representing the buyer and Joanna Kirylo from Berkshire Hathaway HomeServices Warren Residential representing the seller.
On the Map
$1,060,000
$297/SF
MultiFamily
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Malden 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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93