Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 25 Linden Street in Somerville, Massachusetts sold for $1.4M in 2024. The building is 3,184 square feet, implying about 449 per square foot on the published price. Juan Gao, Gilda M. Rosario Rivera, Lamacchia Realty, Charles River Properties appear on the sale alongside Lamacchia Realty, Charles River Properties. This page is the Somerville, Massachusetts file for the 25 Linden Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Somerville sit in the Market section below. Filter that Somerville multifamily set by closing date to see what else sold near 25 Linden Street around 2024. Published consideration for 25 Linden Street is $1.4M, dated 2024. Cite this Gilda M. Rosario Rivera Of Lamacchia Realty Sells Multifamily In Somerville For $1.43M As Seller's Rep sale when underwriting similar multifamily product around Somerville, Massachusetts.
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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