Three Family Home In Chelsea, MA Sells For $1.138M With Albeiro Lopera & Michael Ramos
129 Bloomingdale Street
$1,138,000
$260/SF
Building Size
4,362 SF
Asset Type
MultiFamily
Closing
May 10, 2024
AI
A three-family home at 129 Bloomingdale St, Chelsea, MA, sold for $1,138,000, featuring 13 bedrooms and three baths across 4,362 sq ft. This property generates over $81,000 annually from tenant-at-will occupants and includes high ceilings, hardwood floors, a detached garage, and three off-street parking spaces.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,138,000
- Market: Chelsea, MA
- Square Footage: 4,362
- Price per Square Foot: $261
- Address: 129 Bloomingdale Street
- Brokers: Albeiro Lopera & Michael Ramos - United Brokers
The property at 129 Bloomingdale Street in Chelsea, MA, was facilitated by the brokers Albeiro Lopera and Michael Ramos from United Brokers.
Players
Chelsea 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
13.94%
Cash-on-Cash
-3.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93