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187 Harvard Street

Dacey Realty Acquires Multifamily Property In Malden, MA For $1.2M
SOLDMultiFamily

Dacey Realty Acquires Multifamily Property In Malden, MA For $1.2M

187 Harvard Street

$1,200,000

$310/SF

Building Size

3,870 SF

Asset Type

MultiFamily

Closing

Oct 30, 2023

AI

A multifamily property located at 187 Harvard Street in Malden, MA, has been sold for $1,200,000. The property consists of a total square footage of 3,870. The sale price per square foot is estimated to be $310.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 187 Harvard Street, Malden, MA
  • Market: Malden, MA
  • Buyer's Rep: Kevin Dacey - Dacey Realty
  • Seller's Rep: Jodi Dilorenzo - Century 21 North East
  • Square Footage: 3,870
  • Price Per Square Foot: $310

The buyer in this transaction was represented by Kevin Dacey of Dacey Realty, while the seller was represented by Jodi Dilorenzo of Century 21 North East.

Please note that this information is based on the closed transaction at 187 Harvard Street in Malden, MA, with no additional details provided.

Players

Jodi Dilorenzo

Century 21

Broker

$2.3M

vol

2 deals

Broker

Malden 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93