Multifamily In Somerville, MA Sells For $1.8M With Buyer's Rep Melony Swasey & Seller's Rep Charles Pagliarulo
39 Paulina Street, Somerville, Massachusetts 02144, United States
$1,800,000
$572/SF
Building Size
3,145 SF
Asset Type
MultiFamily
Closing
Apr 7, 2022
AI
39 Paulina St, a multifamily property located in Somerville, MA, was recently sold for $1,800,000. The property spans 3,145 square feet, resulting in a price per square foot of $572. The sale took place on April 8, 2022. Melony Swasey from Unlimited Sotheby's International Realty represented the buyer in this transaction, while Charles Pagliarulo from RE/MAX Andrew Realty Services represented the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Date: April 8, 2022
- Address: 39 Paulina St, Somerville, MA
- Market: Somerville, MA
Melony Swasey from Unlimited Sotheby's International Realty served as the buyer's representative in this transaction. On the other hand, Charles Pagliarulo from RE/MAX Andrew Realty Services represented the seller. Their expertise played a crucial role in facilitating the successful sale of this multifamily property in Somerville.
Players
Somerville 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93