facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

36 Radcliffe Road, Somervil...

Berkshire Hathaway HomeServices Acquires Multifamily Property In Somerville For $1.2M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Multifamily Property In Somerville For $1.2M

36 Radcliffe Road, Somerville, MA, USA

$1,239,000

$355/SF

Building Size

3,483 SF

Asset Type

MultiFamily

Closing

Feb 25, 2021

AI

Located at 36 Radcliffe Road in Somerville, MA, this multifamily property was recently sold on February 26, 2021. The property spans a total of 3,483 square feet, offering ample living space for its future residents. The sale price for this property was $1,239,000, resulting in a price per square foot of $356.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,239,000
  • Address: 36 Radcliffe Road, Somerville, MA
  • Market: Somerville, MA

The seller's representation in this transaction was Marc Fiore from Cameron Real Estate Group, while the buyer's representative was Sabbor Sheikh from Berkshire Hathaway HomeServices Commonwealth Real Estate. Their expertise and guidance played a crucial role in facilitating the successful sale of this property.

Players

Marc Fiore

Broker

$2.3M

vol

2 deals

Broker

Somerville 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

12.80%

Cash-on-Cash

-3.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93