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142-144 Jaques Street

Updated Dec 4, 2024

Somerville Multifamily Property Sells For $1.25M At 142-144 Jaques Street
SOLDMultiFamily

Somerville Multifamily Property Sells For $1.25M At 142-144 Jaques Street

142-144 Jaques Street

$1,250,000

$365/SF

Building Size

3,420 SF

Asset Type

MultiFamily

Closing

Dec 7, 2023

About this deal

AI

In Somerville, MA, a multifamily property at 142-144 Jaques Street was recently sold for $1,250,000. The property has a total square footage of 3,420 and sold at a price of $365 per square foot.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Square Footage: 3,420
  • Price per Square Foot: $365
  • Address: 142-144 Jaques Street, Somerville, MA

Danny Zheng from Keller Williams represented the buyer in this transaction, while Charles Cherney from Compass represented the seller.

The multifamily sale at 142-144 Jaques Street in Somerville, Massachusetts sold for $1.3M in 2023. The building is 3,420 square feet, implying about 365 per square foot on the published price. Danny Zheng, Charles Cherney, Compass, Keller Williams Realty appear on the sale alongside Compass, Keller Williams Realty. This page is the Somerville, Massachusetts file for the 142-144 Jaques Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Somerville sit in the Market section below. Filter that Somerville multifamily set by closing date to see what else sold near 142-144 Jaques Street around 2023. Published consideration for 142-144 Jaques Street is $1.3M, dated 2023. Cite this Somerville Multifamily Property Sells For $1.25M At 142-144 Jaques Street sale when underwriting similar multifamily product around Somerville, Massachusetts.

Players

Danny Zheng

Keller Williams Realty

Broker

$27M

vol

19 deals

Broker

Somerville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $365 per square foot on a published $1.3M for 3,420 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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