Updated Dec 20, 2023
Somerville Multifamily Sells For $1.4M With Broker Romeo Zeqo - Best Boston Realty
19 Gordon Street, Somerville, Massachusetts 02144, United States
$1,432,000
$382/SF
Building Size
3,740 SF
Asset Type
MultiFamily
Closing
May 15, 2022
About this deal
AI
The multifamily property located at 19 Gordon St in Somerville, MA has been sold in a closed transaction. The sale took place on 05/16/2022 and the property was sold for a price of $1,432,000. The property spans a total area of 3,740 square feet, resulting in a price per square foot of $383.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,432,000
The sale of the property was facilitated by Romeo Zeqo of Best Boston Realty, LLC. He represented the seller and played a crucial role in the transaction process.
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
11.08%
Cash-on-Cash
-3.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93