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
$2,950,000
$655/SF
Building Size
4,500 SF
Asset Type
MultiFamily
Closing
May 25, 2023
AI
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.
Boston 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
5.38%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93