Updated Sep 9, 2024
Steven Cohen Team Acquires Multifamily Property In Medford, MA For $1.135M
168 Harvard Street, Medford, MA, USA
$1,135,000
$413/SF
Building Size
2,747 SF
Asset Type
MultiFamily
Closing
Nov 22, 2021
About this deal
AI
The multifamily property located at 168-170 Harvard St in Medford, MA has been sold. The sale was facilitated by the buyer's representative, Steven Cohen Team from Keller Williams Realty Boston-Metro | Back Bay, and the seller's representative, The iBremis Team from LAER Realty Partners / iBremis Realty. The transaction took place on November 22, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,135,000
- Square Footage: 2,747
- Price per Square Foot: $413
- Address: 168-170 Harvard St, Medford, MA
- Market: Medford, MA
Steven Cohen Team from Keller Williams Realty Boston-Metro | Back Bay represented the buyer in the sale, while The iBremis Team from LAER Realty Partners / iBremis Realty represented the seller. The property offers a total of 2,747 square feet of space and was sold at a price of $1,135,000, resulting in a price per square foot of $413.
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
13.98%
Cash-on-Cash
-3.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93