Daniel Deychman Of Helix Real Estate Acquires Medford Multifamily For $1.09M
SOLD
$1,092,000
Massachusetts
See Similar DealsMultiFamily3,880 SF
Sold 02/01/2021
SOLD
Daniel Deychman Of Helix Real Estate Acquires Medford Multifamily For $1.09M
132 George Street, Medford, MA, USA
See Similar DealsMultiFamily3,880 SF
Sold 02/01/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$281
Total Square Footage:3,880 SF
Transaction Type:Sale
A multifamily property located at 132 George Street in Medford, MA has been sold for a total price of $1,092,000. The property spans a total area of 3,880 square feet, resulting in a price per square foot of $281. The transaction took place on February 1, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,092,000
- Address: 132 George Street, Medford, MA
- Market: Medford, MA
The seller in this transaction was represented by Lisa Berry of Simply Sell Realty, while the buyer was represented by Daniel Deychman of Helix Real Estate.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,240.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,879.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,176.64
Annual Debt Service$62,119.65
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