Updated Dec 21, 2023
Feng Shui Realty Acquires 5th St Multifamily In Medford, MA For $1.07M
21 Fifth Street, Medford, Massachusetts 02155, United States
$1,070,000
$348/SF
Building Size
3,072 SF
Asset Type
MultiFamily
Closing
Nov 14, 2021
About this deal
AI
A multifamily property located at 21 5th St in Medford, MA was recently sold for $1,070,000. The property spans over 3,072 square feet, resulting in a price per square foot of $348.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,070,000
- Address: 21 5th St
- Market: Medford, MA
- Buyer's Representative: Lisa Li - Feng Shui Realty
- Seller's Representative: The Fuccillo - Felice Real Estate Team - William Raveis R.E. & Home Services
Lisa Li from Feng Shui Realty represented the buyer in this transaction, while The Fuccillo - Felice Real Estate Team from William Raveis R.E. & Home Services represented the seller.
Players
Medford 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
14.83%
Cash-on-Cash
-4.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93