Maggie Dee & Robin Repucci Of Compass Close $2.375M Multifamily Sale In Somerville, MA
30 Forest Street
$2,375,000
$840/SF
Building Size
2,827 SF
Asset Type
MultiFamily
Closing
May 20, 2024
AI
An updated historic residence near the Cambridge line, 30 Forest Street in Somerville, MA, was recently sold for $2.375 million. This multifamily property spans 2,827 square feet and boasts modern amenities such as central AC and stainless steel appliances alongside charming period details.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,375,000
- Address: 30 Forest Street
- Market: Somerville, MA
Representing the deal at 30 Forest Street in Somerville, MA, were Maggie Dee & Robin Repucci from Compass. They facilitated the sale of this updated historic residence, showcasing their expertise in the local real estate market.
Somerville 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
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93