Updated Dec 4, 2024
Moira Vittengl Of Compass Acquires Medford Multifamily For $1.23M
35 Fifth Street
$1,230,000
$317/SF
Building Size
3,879 SF
Asset Type
MultiFamily
Closing
Aug 31, 2023
About this deal
AI
A multifamily property located at 35 Fifth Street in Medford, MA was sold for $1,230,000. The transaction involved Moira Vittengl from Compass representing the buyer and Marcos Doliver from Prime Choice Real Estate representing the seller. The property spans 3,879 square feet, resulting in a price per square foot of $317.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,230,000
- Address: 35 Fifth Street
- Market: Medford, MA
- Buyer's Rep: Moira Vittengl - Compass
- Seller's Rep: Marcos Doliver - Prime Choice Real Estate
- Square Feet: 3,879
- Price Per Square Foot: $317
The sale of the multifamily property at 35 Fifth Street in Medford, MA was facilitated by Moira Vittengl of Compass, representing the buyer, and Marcos Doliver of Prime Choice Real Estate, representing the seller. This transaction showcases the collaboration between the two professionals in achieving a successful sale at a price per square foot of $317.
Players
Medford 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
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93