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Anthony Castellano & Marjorie Kern Close $1.01M Multifamily Sale In Medford, MA

Property Image
SOLD
$1,010,000

Massachusetts

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MultiFamily2,240 SF
Sold 04/03/2024
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Property Image
SOLD

Anthony Castellano & Marjorie Kern Close $1.01M Multifamily Sale In Medford, MA

20 Arlington Street

See Similar Deals
MultiFamily2,240 SF
Sold 04/03/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$450
Total Square Footage:2,240 SF
Transaction Type:Sale

A multifamily property at 20 Arlington Street in Medford, Massachusetts, has been sold for $1,010,000. The property spans 2,240 square feet with a price per square foot of $451.

Summary of transaction details:

Anthony Castellano of Lamacchia Realty represented the buyer in the transaction, while Marjorie Kern from Gibson Sotheby's International Realty represented the seller in the deal.

Players

Marjorie (Margie) Kern
1 deal$1M volume(617) 939-7800
BROKER

Anthony Castellano
Lamacchia Realty
2 deals$2M volume(978) 618-6023
BROKER

Details

SOLD
IMAGE: Marjorie Kern & Anthony Castellano DATE: 04/03/2024 ADDRESS: 20 Arlington Street MARKET: Medford, MA ASSET TYPE: Multifamily BUYER'S REP: Anthony Castellano (@AnthonyCastellano_Realtor) - Lamacchia Realty (@LamacchiaRealty) SELLER'S REP: Marjorie Kern (@MargieKernRealEstate) - Gibson Sotheby's International Realty (@Gibson_SIR) SALE PRICE: $1,010,000 SF: 2,240 ~ PPSF: $451 NOTE: In Medford, Massachusetts, a multifamily property located at 20 Arlington Street has been sold for $1,010,000. Anthony Castellano from Lamacchia Realty represented the buyer, while Marjorie Kern from Gibson Sotheby's International Realty represented the seller in the transaction.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,588.31
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