facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

21 Ellis Ave, Medford, Mass...

Updated Dec 21, 2023

RE/MAX Trinity Sells Medford Multifamily For $1.05M
SOLDMultiFamily

RE/MAX Trinity Sells Medford Multifamily For $1.05M

21 Ellis Ave, Medford, Massachusetts, USA

$1,050,000

$405/SF

Building Size

2,588 SF

Asset Type

MultiFamily

Closing

May 14, 2020

About this deal

AI

The multifamily property located at 21 Ellis Ave in Medford, MA has been sold for a total price of $1,050,000. The transaction took place on 05/14/2021 and was represented by Diane Horrigan from RE/MAX Trinity as the seller's representative and Steven Brillhart from Inbound Real Estate Inc. as the buyer's representative. The property spans 2,588 square feet, resulting in a price per square foot of $406.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Date: 05/14/2021
  • Address: 21 Ellis Ave, Medford, MA
  • Seller's Representative: Diane Horrigan - RE/MAX Trinity
  • Buyer's Representative: Steven Brillhart - Inbound Real Estate Inc.
  • Square Footage: 2,588
  • Price per Square Foot: $406

Diane Horrigan from RE/MAX Trinity represented the seller in this transaction, while Steven Brillhart from Inbound Real Estate Inc. represented the buyer. This sale showcases the strong demand for multifamily properties in Medford, MA, as evidenced by the sale price of $1,050,000 and the price per square foot of $406.

Players

Diane Horrigan

Re/Max

Broker

$1.1M

vol

1 deal

Broker

Medford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $405 per square foot on a published $1.1M for 2,588 square feet (2020).

Visit Re/Max to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets