Updated Dec 4, 2024
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
Somerville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Danny Zheng to view all their deals.
Browse Somerville multifamily sales on Traded.
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