facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

27 Adrian St, Somerville, M...

Robin Kelly, Travers Peterson, Nathan Ingham, Kevin Hunt & Brian Long Acquire Somerville Multifamily For $1.2M
SOLDMultiFamily

Robin Kelly, Travers Peterson, Nathan Ingham, Kevin Hunt & Brian Long Acquire Somerville Multifamily For $1.2M

27 Adrian St, Somerville, Massachusetts, USA

$1,200,000

$510/SF

Building Size

2,352 SF

Asset Type

MultiFamily

Closing

Jun 4, 2020

AI

Located at 27 Adrian St in Somerville, MA, this multifamily property was recently sold for a total of $1,200,000. The property spans across 2,352 square feet, resulting in a price per square foot of $510.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 27 Adrian St, Somerville, MA
  • Market: Somerville, MA

Assisting in this successful sale were Robin Kelly, Travers Peterson, Nathan Ingham, Kevin Hunt, and Brian Long from the Real Estate Advisors team at Coldwell Banker Realty in Cambridge.

Players

Robin Kelly

Coldwell Banker

Broker

$1.2M

vol

1 deal

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93