Updated Dec 4, 2024
Alyssa McLellan, Daria Mattos & Jill McTague Facilitate $1.43M Multifamily Sale In Medford
17 Tesla Avenue
$1,430,000
$480/SF
Building Size
2,976 SF
Asset Type
MultiFamily
Closing
Mar 15, 2024
About this deal
AI
A multifamily property located at 17 Tesla Avenue in Medford, MA, was sold for $1,430,000. Spanning a total of 2,976 square feet, the asset achieved a price per square foot of $481.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,430,000
- Address: 17 Tesla Avenue
- Market: Medford, MA
The sale of the property at 17 Tesla Avenue was facilitated by Re/Max brokers Alyssa McLellan, Daria Mattos, and Jill McTague. Serving as the representatives in the transaction, these professionals played a pivotal role in closing the deal.
Players
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
11.09%
Cash-on-Cash
-3.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93