SOLDMultiFamily
Thread Real Estate Handles $1.35M Multifamily Sale In Malden, MA
200-202 West Street
$1,350,000
$298/SF
Building Size
4,521 SF
Asset Type
MultiFamily
Closing
Dec 29, 2023
AI
In Malden, MA, a multifamily property located at 200-202 West Street has been sold for $1.35 million. The property spans over 4,521 square feet, resulting in a price per square foot of $299.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 200-202 West Street
- Market: Malden, MA
The sale was facilitated by Hamza Abbas and Lynda Le from Thread Real Estate.
Players
Malden MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93