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15 Lambert Street

Updated Dec 4, 2024

Medford Multifamily Sells For $1.075M With Buyer's Rep Mitra Ghobadi & Seller's Rep Alice Sahakian
SOLDMultiFamily

Medford Multifamily Sells For $1.075M With Buyer's Rep Mitra Ghobadi & Seller's Rep Alice Sahakian

15 Lambert Street

$1,075,000

$365/SF

Building Size

2,941 SF

Asset Type

MultiFamily

Closing

Aug 30, 2023

About this deal

AI

A multifamily property at 15 Lambert Street in Medford, Massachusetts, was recently sold for $1.075 million. The property spans an area of 2,941 square feet and has a price per square foot of $366.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,075,000
  • Square Footage: 2,941
  • Address: 15 Lambert Street, Medford, MA
  • Market: Medford, MA

The buyer's representative, Mitra Ghobadi from Home Realty, facilitated the transaction on behalf of the buyer. On the other side, Alice Sahakian from Century 21 North East represented the seller in the deal.

Players

Alice Sahakian

Century 21

Broker

$2.3M

vol

2 deals

Broker

Medford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $365 per square foot on a published $1.1M for 2,941 square feet (2023).

Visit Alice Sahakian to view all their deals.

Browse Medford multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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