Updated Dec 21, 2023
Rosario Real Estate LLC Acquires Multifamily Property In Malden For $1.1M
Broadway Market, Broadway, Malden, MA, USA
$1,100,000
$268/SF
Building Size
4,104 SF
Asset Type
MultiFamily
Closing
Jul 8, 2021
About this deal
AI
The multifamily property located at 258-260 Broadway in Malden, MA has been sold in a recent transaction. The property spans a total square footage of 4,104. The sale price for the property was $1,100,000, resulting in a price per square foot of $268.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Square Footage: 4,104
- Price per Square Foot: $268
- Address: 258-260 Broadway, Malden, MA
- Market: Malden, MA
Hallie Pinta represented the seller in this transaction, while Emmanuel Nwosu, from Rosario Real Estate LLC, acted as the buyer's representative.
Players
Malden 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93