Updated Dec 4, 2024
Montivista Real Estate Group Acquires Multifamily Property In Medford For $1.19M
23 Pinkham Road & 25 Pinkham Road
$1,189,000
$264/SF
Building Size
2,252 SF
Asset Type
MultiFamily
Closing
Mar 14, 2024
About this deal
AI
A multifamily property located at 23-25 Pinkham Road in Medford, MA, was sold for $1,189,000. The property spans 2,252 square feet with a price per square foot of $528.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,189,000
- Address: 23-25 Pinkham Road
- Market: Medford, MA
The buyer, Montivista Real Estate Group of Keller Williams Realty Boston South West, and the seller's representative, Patricia A. Torcivia of Trinity Real Estate, facilitated the successful transaction of the property.
The multifamily sale at 23 Pinkham Road in Medford, Massachusetts sold for $1.2M in 2024. The building is 4,504 square feet, implying about 264 per square foot on the published price. Patricia A. Torcivia, Trinity Real Estate appear on the sale alongside Trinity Real Estate. This page is the Medford, Massachusetts file for the 23 Pinkham Road multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Medford sit in the Market section below. Filter that Medford multifamily set by closing date to see what else sold near 23 Pinkham Road around 2024. Published consideration for 23 Pinkham Road is $1.2M, dated 2024. Cite this Montivista Real Estate Group Acquires Multifamily Property In Medford For $1.19M sale when underwriting similar multifamily product around Medford, Massachusetts.
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
13.34%
Cash-on-Cash
-3.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93