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161 Fourth Street, Medford,...

Yuri Karukin Sells Medford Multifamily For $769,000 With Rep Brandon Muroff
SOLDMultiFamily

Yuri Karukin Sells Medford Multifamily For $769,000 With Rep Brandon Muroff

161 Fourth Street, Medford, Massachusetts 02155, United States

$769,000

$282/SF

Building Size

2,725 SF

Asset Type

MultiFamily

Closing

Sep 21, 2022

AI

A multifamily property located at 161 4th Street in Medford, MA has been sold for a total price of $769,000. The property consists of 2 units, with a price per unit of $384,500. The total square footage of the property is 2,725, resulting in a price per square foot of $252.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $769,000
  • Units: 2
  • Price per Unit: $384,500
  • Square Footage: 2,725
  • Price per Square Foot: $252
  • Market: Medford, MA

The seller of the property was Yuri Karukin. The deal was facilitated by Brandon Muroff from Red Tree Real Estate, who represented the seller in the transaction.

Players

Brandon Muroff

Red Tree Real Estate

Broker

$8M

vol

7 deals

Broker

Medford 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

20.63%

Cash-on-Cash

-5.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93