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44 Greenleaf Avenue

Updated Dec 4, 2024

Multifamily Property On Greenleaf Ave, Medford Sells For $1.15M With Buyer's Rep North Star Group - Exp Realty & Seller's Rep Paul Cirignano - The Synergy Group
SOLDMultiFamily

Multifamily Property On Greenleaf Ave, Medford Sells For $1.15M With Buyer's Rep North Star Group - Exp Realty & Seller's Rep Paul Cirignano - The Synergy Group

44 Greenleaf Avenue

$1,150,000

$453/SF

Building Size

2,536 SF

Asset Type

MultiFamily

Closing

Sep 8, 2023

About this deal

AI

A multifamily property located at 44 Greenleaf Avenue in Medford, Massachusetts, was sold for $1.15 million. The property offers 2,536 square feet of space, resulting in a price per square foot of $453.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Address: 44 Greenleaf Avenue
  • Market: Medford, MA

The buyer's representative in the deal was The North Star Group - Exp Realty, while the seller's representative was Paul Cirignano - The Synergy Group.

The multifamily sale at 44 Greenleaf Avenue in Medford, Massachusetts sold for $1.2M in 2023. The building is 2,536 square feet, implying about 453 per square foot on the published price. Paul Cirignano, Benjamin Eyler, EXP Realty, The Synergy Group appear on the sale alongside EXP Realty, The Synergy Group. This page is the Medford, Massachusetts file for the 44 Greenleaf Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Medford sit in the Market section below. Filter that Medford multifamily set by closing date to see what else sold near 44 Greenleaf Avenue around 2023. Published consideration for 44 Greenleaf Avenue is $1.2M, dated 2023. Cite this Multifamily Property On Greenleaf Ave, Medford Sells For $1.15M With Buyer's Rep North Star Group - Exp Realty & Seller's Rep Paul Cirignano - The Synergy Group sale when underwriting similar multifamily product around Medford, Massachusetts.

Players

Paul Cirignano

The Synergy Group

Broker

$31.4M

vol

6 deals

Broker

Medford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $453 per square foot on a published $1.2M for 2,536 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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