Updated Dec 21, 2023
Lisa Santilli & John Kennedy From Classified Realty Group Sell Multifamily Property On Horace St In Somerville For $1.02M
41 Horace St, Somerville, Massachusetts, USA
$1,020,000
$338/SF
Building Size
3,017 SF
Asset Type
MultiFamily
Closing
Jun 9, 2020
About this deal
AI
Located at 41 Horace St in Somerville, MA, this multifamily property was recently sold. The transaction was facilitated by Lisa Santilli and John Kennedy from Classified Realty Group. The sale price for this property was $1,020,000, with a square footage of 3,017. The price per square foot was $338.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Square Footage: 3,017
- Price per Square Foot: $338
Lisa Santilli and John Kennedy from Classified Realty Group played a crucial role in representing the parties involved in this transaction.
Players
Somerville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Classified Realty Group to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93