Updated Sep 9, 2024
Charlesgate Realty Group Acquires Multifamily Property On Amaranth Ave For $1.006M
37 Amaranth Avenue, Medford, MA, USA
$1,006,000
$370/SF
Building Size
2,712 SF
Asset Type
MultiFamily
Closing
Apr 29, 2021
About this deal
AI
The multifamily property located at 37 Amaranth Ave in Medford, MA was recently sold for $1,006,000. This property spans across 2,712 square feet, resulting in a price per square foot of $371.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,006,000
- Address: 37 Amaranth Ave, Medford, MA
- Market: Medford, MA
The seller's representative for this transaction was Christopher Mehr from Full Circle Realty LLC, while the buyer's representative was Susan Doig from Charlesgate Realty Group, LLC.
The multifamily sale at 37 Amaranth Avenue, Medford, MA, USA in Medford, Massachusetts sold for $1M in 2021. The building is 2,712 square feet, implying about 370 per square foot on the published price. Susan Doig, Christopher (Chris) Mehr, Charlesgate Realty Group, Full Circle Realty appear on the sale alongside Charlesgate Realty Group, Full Circle Realty. This page is the Medford, Massachusetts file for the 37 Amaranth Avenue, Medford, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Medford sit in the Market section below. Filter that Medford multifamily set by closing date to see what else sold near 37 Amaranth Avenue, Medford, MA, USA around 2021. Published consideration for 37 Amaranth Avenue, Medford, MA, USA is $1M, dated 2021. Cite this Charlesgate Realty Group Acquires Multifamily Property On Amaranth Ave For $1.006M sale when underwriting similar multifamily product around Medford, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.77%
Cash-on-Cash
-4.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93