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Keller Williams Realty Boston South West Acquires Multifamily In Malden, MA For $1.06M

Property Image
SOLD
$1,060,000
Joanna Kirylo
Chris Yang

Massachusetts

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MultiFamily3,561 SF
Sold
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Property Image
SOLD

Keller Williams Realty Boston South West Acquires Multifamily In Malden, MA For $1.06M

12 Oak Terrace

See Similar Deals
MultiFamily3,561 SF
Sold
Joanna Kirylo
Chris Yang
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$297
Total Square Footage:3561 SF
Transaction Type:Sale

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

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.

Players

Joanna Kirylo
Berkshire Hathaway HomeServices
Joanna Kirylo
1 deal$1.1M volume(617) 669-5893
BROKER
Chris Yang
Keller Williams Realty
Chris Yang
7 deals$8.1M volume(781) 414-9550
BROKER

Details

SOLD
IMAGE: Chris Yang & Joanna Kirylo DATE: 08/30/2023 ADDRESS: 12 Oak Terrace MARKET: Malden, MA ASSET TYPE: Multifamily BUYER'S REP: Chris Yang - Keller Williams Realty Boston South West (@KellerWilliamsBSW) SELLER'S REP: Joanna Kirylo (@JoannaKiryloHomes) - Berkshire Hathaway Homeservices Warren Residential (@WarrenRE) SALE PRICE: $1,060,000 SF: 3,561 ~ PPSF: $298 NOTE: A multifamily property located at 12 Oak Terrace in Malden, Massachusetts, was sold for $1.06 million. 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.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$56,533.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,765.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,024.94
Annual Debt Service$60,299.29