Gilda M. Rosario Rivera Of Lamacchia Realty Sells Multifamily In Somerville For $1.43M As Seller's Rep
25 Linden Street
$1,430,000
$449/SF
Building Size
3,184 SF
Asset Type
MultiFamily
Closing
Feb 9, 2024
AI
In Somerville, MA, a multifamily property at 25 Linden Street was sold for $1,430,000. The property spans 3,184 square feet, resulting in a price per square foot of $449.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,430,000
- Address: 25 Linden Street
- Market: Somerville, MA
The buyer of the property was represented by Juan Gao from Charles River Properties, while Gilda M. Rosario Rivera from Lamacchia Realty acted as the seller's representative in the transaction.
Players
Somerville 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
11.09%
Cash-on-Cash
-3.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93