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

/

4-6 Chester Ave, Medford, M...

Compass Acquires Multifamily Property In Medford, MA For $1.28M
SOLDMultiFamily

Compass Acquires Multifamily Property In Medford, MA For $1.28M

4-6 Chester Ave, Medford, Massachusetts, USA

$1,280,000

$333/SF

Building Size

3,833 SF

Asset Type

MultiFamily

Closing

May 6, 2021

AI

The multifamily property located at 4-6 Chester Ave in Medford, MA has been sold for a price of $1,280,000. The property spans 3,833 square feet, resulting in a price per square foot of $334.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,280,000
  • Address: 4-6 Chester Ave, Medford, MA
  • Market: Medford, MA
  • Brokers: Kim Covino & The Shorey Realty Group - Compass
  • Square Footage: 3,833
  • Price per Square Foot: $334

The sale of this multifamily property was facilitated by Kim Covino from The Shorey Realty Group - Compass. The transaction highlights the expertise and professionalism of the involved individuals and companies in ensuring a successful deal.

Players

Kim Covino

Compass

Broker

$15.6M

vol

8 deals

Broker

Medford 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

12.39%

Cash-on-Cash

-3.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93