SOLDMultiFamily
Robin A Martyn & Lisa Sullivan Facilitate Sale Of $1.13M Malden Multifamily
35-37 Fairmont Street
$1,130,000
$283/SF
Building Size
3,987 SF
Asset Type
MultiFamily
Closing
Feb 22, 2024
AI
A multifamily property located at 35-37 Fairmont Street in Malden, MA, has been sold for $1,130,000. The property spans 3,987 square feet with a price per square foot of $283.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,130,000
- Address: 35-37 Fairmont Street
- Market: Malden, MA
The sale was facilitated by Robin A Martyn and Lisa Sullivan, who represented the transaction on behalf of Churchill Properties.
Players
Malden 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
14.04%
Cash-on-Cash
-4.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93