Updated Dec 21, 2023
McGlynn Splaine Team Acquires Melrose Multifamily For $1.135M
22 Linden Road, Melrose, Massachusetts 02176, United States
$1,135,000
$340/SF
Building Size
3,333 SF
Asset Type
MultiFamily
Closing
Dec 15, 2021
About this deal
AI
An multifamily property located at 22 Linden Rd in Melrose, MA has been sold for a price of $1,135,000. The property spans a total of 3,333 square feet with a price per square foot of $341.
Summary of Transaction Details
- Property Type: Multifamily
- Sale Price: $1,135,000
- Square Feet: 3,333
- Price per Square Foot: $341
- Address: 22 Linden Rd, Melrose, MA
- Market: Melrose, MA
The sale of this multifamily property was facilitated by the McGlynn Splaine Team from Berkshire Hathaway Homeservices Commonwealth Real Estate.
Melrose MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Berkshire Hathaway HomeServices to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.98%
Cash-on-Cash
-3.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93