Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 200-202 West Street in Malden, Massachusetts sold for $1.4M in 2023. The building is 4,521 square feet, implying about 298 per square foot on the published price. Lynda Le, Hamza Abbas, Thread Real Estate appear on the sale alongside Thread Real Estate. This page is the Malden, Massachusetts file for the 200-202 West Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Malden sit in the Market section below. Filter that Malden multifamily set by closing date to see what else sold near 200-202 West Street around 2023. Published consideration for 200-202 West Street is $1.4M, dated 2023. Cite this Thread Real Estate Handles $1.35M Multifamily Sale In Malden, MA sale when underwriting similar multifamily product around Malden, Massachusetts.
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Malden 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93