Updated Dec 19, 2023
Yan Zhao Acquires Multifamily Property In Somerville, MA For $1.25M
33 Jaques St, Somerville, Massachusetts, USA
$1,250,000
$258/SF
Building Size
4,845 SF
Asset Type
MultiFamily
Closing
May 16, 2021
About this deal
AI
The multifamily property located at 33 Jaques St in Somerville, MA has been sold for a price of $1,250,000. The property spans a total of 4,845 square feet, resulting in a price per square foot of $258.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Square Footage: 4,845
- Price Per Square Foot: $258
- Address: 33 Jaques St, Somerville, MA
- Market: Somerville, MA
The seller's representative in this transaction was Anchor Team RE from LAER Realty Partners, while the buyer's representative was Yan Zhao from HMW Real Estate, LLC.
Players
Somerville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Yan Zhao to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93