facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

25 Linden Street

Gilda M. Rosario Rivera Of Lamacchia Realty Sells Multifamily In Somerville For $1.43M As Seller's Rep
SOLDMultiFamily

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

Juan Gao

Charles River Properties

Broker

$2.4M

vol

2 deals

Broker

Somerville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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