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
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