Brynn Jafry & Syed Jafry Acquire Multifamily Property In Somerville For $2.65M
SOLD
$2,650,000
+ 1
Massachusetts
See Similar DealsMultiFamily47,920 SF
Sold 03/26/2020
SOLD
Brynn Jafry & Syed Jafry Acquire Multifamily Property In Somerville For $2.65M
43 Oak St, Somerville, MA 02143, USA
See Similar DealsMultiFamily47,920 SF
Sold 03/26/2020
+ 1
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$55
Total Square Footage:47,920 SF
Transaction Type:Sale
The multifamily property located at 43-45 Oak Street in Somerville has been sold for a total price of $2,650,000. The property spans a total area of 4,792 square feet, resulting in a price per square foot of $553. This multifamily asset comprises of 4 units, with each unit having a price per unit of $662,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,650,000
- Address: 43-45 Oak Street, Somerville
- Market: Somerville
- Square Footage: 4,792
- Price per Square Foot: $553
- Number of Units: 4
- Price per Unit: $662,500
The seller of the property was represented by @CityRealtyBoston through Fred Starikov and Stephen Whalen. On the other hand, Brynn Jafry and Syed Jafry emerged as the buyers in this transaction. The deal was facilitated by Jason Manganello and Scott Johnson from The Residential Group.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$141,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22
Is there something missing? Send suggestions