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23-25 Princeton Street, Med...

Updated Dec 19, 2023

Medford Multifamily Property Sold For $1.05M With Buyer's Rep Jill Citrano & Seller's Rep Leading Edge Real Estate
SOLDMultiFamily

Medford Multifamily Property Sold For $1.05M With Buyer's Rep Jill Citrano & Seller's Rep Leading Edge Real Estate

23-25 Princeton Street, Medford, Massachusetts, USA

$1,050,000

$332/SF

Building Size

3,154 SF

Asset Type

MultiFamily

Closing

Apr 15, 2021

About this deal

AI

A multifamily property located at 23-25 Princeton Street in Medford, MA has been sold for a price of $1,050,000. The property spans a total area of 3,154 square feet, resulting in a price per square foot of $333. The sale took place on April 16, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Address: 23-25 Princeton Street
  • Market: Medford, MA

The sale was facilitated by Jill Citrano, a representative from Leading Edge Real Estate.

The multifamily sale at 23-25 Princeton Street, Medford, Massachusetts, USA in Medford, Massachusetts sold for $1.1M in 2021. The building is 3,154 square feet, implying about 332 per square foot on the published price. Jill Citrano, Leading Edge Real Estate appear on the sale alongside Leading Edge Real Estate. This page is the Medford, Massachusetts file for the 23-25 Princeton Street, Medford, Massachusetts, USA 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 23-25 Princeton Street, Medford, Massachusetts, USA around 2021. Published consideration for 23-25 Princeton Street, Medford, Massachusetts, USA is $1.1M, dated 2021. Cite this Medford Multifamily Property Sold For $1.05M With Buyer's Rep Jill Citrano & Seller's Rep Leading Edge Real Estate sale when underwriting similar multifamily product around Medford, Massachusetts.

Players

Jill Citrano

Leading Edge Real Estate

Broker

$1.1M

vol

1 deal

Broker

Medford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $332 per square foot on a published $1.1M for 3,154 square feet (2021).

Visit Leading Edge Real Estate 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

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