Updated Dec 4, 2024
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
About this deal
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.
On the Map
$1,200,000
$310/SF
MultiFamily
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Players
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