Updated Dec 4, 2024
Ides Figueiredo & Chris Yang Broker Multifamily Sale In Malden, MA For $1.01M
44 Chester Street & 46 Chester Street
$1,010,000
$185/SF
Building Size
2,724 SF
Asset Type
MultiFamily
Closing
Mar 14, 2024
About this deal
AI
A multifamily property at 44-46 Chester Street in Malden, MA, was sold for $1,010,000. The property spans 2,724 square feet, resulting in a price per square foot of $371.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Address: 44-46 Chester Street
- Market: Malden, MA
- Buyer's Rep: Ides Figueiredo - Coldwell Banker
- Seller's Rep: Chris Yang - Keller Williams Realty Boston South West
Ides Figueiredo of Coldwell Banker represented the buyer in the transaction, while Chris Yang of Keller Williams Realty Boston South West represented the seller, facilitating the successful sale of the multifamily property.
On the Map
$1,010,000
$185/SF
MultiFamily
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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
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93