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
4,504 SF
Asset Type
MultiFamily
Closing
Mar 14, 2024
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.
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