Updated Sep 5, 2024
Rebecca Huang Of Castles Unlimited Sells Multifamily Property On Maple St In Malden, MA For $1.15M
30-32 Maple St, Malden, Massachusetts, USA
$1,150,000
$300/SF
Building Size
3,824 SF
Asset Type
MultiFamily
Closing
May 28, 2020
About this deal
AI
The multifamily property located at 30-32 Maple St in Malden, MA was recently sold for $1,150,000. The transaction took place on 05/28/2021 and was represented by Rebecca Huang from Castles Unlimited, acting as the seller's representative. The buyer's representative in this deal was The Reference Group from Ledge & Young Real Estate. The property has a total area of 3,824 square feet, resulting in a price per square foot of $301.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Date: 05/28/2021
- Address: 30-32 Maple St, Malden, MA
- Seller's Representative: Rebecca Huang - Castles Unlimited
- Buyer's Representative: The Reference Group - Ledge & Young Real Estate
- Square Footage: 3,824
- Price per Square Foot: $301
Rebecca Huang from Castles Unlimited represented the seller in this transaction, while The Reference Group from Ledge & Young Real Estate acted as the buyer's representative. This sale highlights the strong real estate market in Malden, MA, where a multifamily property was successfully transacted at a price of $1,150,000. The property spans a total area of 3,824 square feet and was sold at a price per square foot of $301.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93