Updated Sep 9, 2024
Keller Williams Realty Evolution Facilitates $1.19M Sale Of Multifamily Property In Somerville, MA
183 Powder House Boulevard, Somerville, Massachusetts 02144, United States
$1,190,000
$364/SF
Building Size
3,267 SF
Asset Type
MultiFamily
Closing
Apr 19, 2022
About this deal
AI
The multifamily property located at 183 Powder House Blvd in Somerville, MA has been sold for a price of $1,190,000. The property spans 3,267 square feet, resulting in a price per square foot of $364.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,190,000
- Square Footage: 3,267
- Price per Square Foot: $364
- Address: 183 Powder House Blvd, Somerville, MA
- Market: Somerville, MA
Taylor Johnson of Keller Williams Realty Evolution represented the buyer in this transaction, while Kelly Bruno of Compass served as the seller's representative.
Players
Somerville 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
13.33%
Cash-on-Cash
-3.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93