Updated Dec 19, 2023
JnC Real Estate LLC Acquires Multifamily Property In Malden, MA For $1.2M
42 Greenleaf Street, Malden, Massachusetts 02148, United States
$1,205,000
$398/SF
Building Size
3,024 SF
Asset Type
MultiFamily
Closing
May 30, 2022
About this deal
AI
A multifamily property located at 42 Greenleaf St in Malden, MA has been sold for a total of $1,205,000. The property spans 3,024 square feet, resulting in a price per square foot of $398.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,205,000
- Address: 42 Greenleaf St, Malden, MA
- Market: Malden, MA
Mahnaz Zeinali of JnC Real Estate LLC represented the buyer in this transaction, while Fayth Kestenbaum from Leading Edge Real Estate acted as the seller's representative.
The multifamily sale at 42 Greenleaf Street, Malden, Massachusetts 02148, United States in Malden, Massachusetts sold for $1.2M in 2022. The building is 3,024 square feet, implying about 398 per square foot on the published price. Fayth Kestenbaum, Leading Edge Real Estate appear on the sale alongside Leading Edge Real Estate. This page is the Malden, Massachusetts file for the 42 Greenleaf Street, Malden, Massachusetts 02148, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Malden sit in the Market section below. Filter that Malden multifamily set by closing date to see what else sold near 42 Greenleaf Street, Malden, Massachusetts 02148, United States around 2022. Published consideration for 42 Greenleaf Street, Malden, Massachusetts 02148, United States is $1.2M, dated 2022. Cite this JnC Real Estate LLC Acquires Multifamily Property In Malden, MA For $1.2M sale when underwriting similar multifamily product around Malden, Massachusetts.
Malden 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
13.16%
Cash-on-Cash
-3.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93