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
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.
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
15.77%
Cash-on-Cash
-4.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93