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168 Harvard Street, Medford...

Updated Sep 9, 2024

Steven Cohen Team Acquires Multifamily Property In Medford, MA For $1.135M
SOLDMultiFamily

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.

Players

Steven Cohen

Keller Williams Realty

Broker

$7.1M

vol

4 deals

Broker

Medford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $413 per square foot on a published $1.1M for 2,747 square feet (2021).

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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

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