Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 35-37 Fairmont Street in Malden, Massachusetts sold for $1.1M in 2024. The building is 3,987 square feet, implying about 283 per square foot on the published price. Robin A Martyn, Lisa Sullivan, Churchill Properties appear on the sale alongside Churchill Properties. This page is the Malden, Massachusetts file for the 35-37 Fairmont Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Malden sit in the Market section below. Filter that Malden multifamily set by closing date to see what else sold near 35-37 Fairmont Street around 2024. Published consideration for 35-37 Fairmont Street is $1.1M, dated 2024. Cite this Robin A Martyn & Lisa Sullivan Facilitate Sale Of $1.13M Malden Multifamily sale when underwriting similar multifamily product around Malden, Massachusetts.
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Malden MultiFamily Market Snapshot
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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