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Multifamily Property Sold For $2.95M In Somerville, MA With Buyer's Rep Santana Team & Seller's Rep Jonathan M. Dasilva

Property Image
SOLD
$2,950,000

Massachusetts

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MultiFamily4,500 SF
Sold 05/25/2023
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Property Image
SOLD

Multifamily Property Sold For $2.95M In Somerville, MA With Buyer's Rep Santana Team & Seller's Rep Jonathan M. Dasilva

19 Woodbine St Somerville, Ma 02143, Usa

See Similar Deals
MultiFamily4,500 SF
Sold 05/25/2023
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$655
Total Square Footage:4,500 SF
Transaction Type:Sale

A multifamily property located at 19-21 Woodbine in Somerville, MA, was sold for $2,950,000. The transaction was facilitated by the buyer's representative, Santana Team from Keller Williams Realty, and the seller's representative, Jonathan M. Dasilva from EVO Real Estate Group, LLC. The property spans 4,500 square feet, resulting in a price per square foot of $656.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,950,000
  • Address: 19-21 Woodbine
  • Market: Somerville, MA

The buyer's representative in this transaction was Santana Team from Keller Williams Realty, while the seller's representative was Jonathan M. Dasilva from EVO Real Estate Group, LLC.

Players

Jonathan DaSilva
Evo Real Estate Group
Jonathan DaSilva
5 deals$11.4M volume
BROKER

Details

SOLD
IMAGE: Jonathan M. Dasilva DATE: 05/25/2023 ADDRESS: 19-21 Woodbine MARKET: Somerville, MA ASSET TYPE: Multifamily BUYER'S REP: Santana Team (@Santana_Team_Miami) - Keller Williams Realty (@KellerWilliamsRealty) SELLER'S REP: Jonathan M. Dasilva (@JonathanRealEstate) - EVO Real Estate Group, LLC (@EvoBoston) SALE PRICE: $2,950,000 SF: 4,500 ~ PPSF: $656 NOTE: A multifamily property located at 19-21 Woodbine in Somerville, MA, was sold for $2,950,000. The transaction was facilitated by the buyer's representative, Santana Team from Keller Williams Realty, and the seller's representative, Jonathan M. Dasilva from EVO Real Estate Group, LLC. The property spans 4,500 square feet, resulting in a price per square foot of $656.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$157,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,480.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,984.51
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