Updated Dec 21, 2023
Invest Realty Group Sells Multifamily Property In Medford, MA For $1.19M
44 Joseph Street, Medford, MA, USA
$1,194,000
$439/SF
Building Size
2,715 SF
Asset Type
MultiFamily
Closing
Jun 22, 2020
About this deal
AI
The multifamily property located at 44 Joseph St in Medford, MA was recently sold on June 22, 2021. The sale was facilitated by Marcia Williams of Invest Realty Group, representing the seller, and Liz & Ellie Real Estate of Compass, representing the buyer. The property spans 2,715 square feet and was sold for a price of $1,194,000, resulting in a price per square foot of $440.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,194,000
- Address: 44 Joseph St, Medford, MA
- Market: Medford, MA
On June 22, 2021, the multifamily property at 44 Joseph St in Medford, MA changed ownership. The seller, represented by Marcia Williams of Invest Realty Group, successfully closed the deal with the buyer, represented by Liz & Ellie Real Estate of Compass. This transaction involved a sale price of $1,194,000, with the property measuring 2,715 square feet and commanding a price per square foot of $440.
Players
Medford 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
13.29%
Cash-on-Cash
-3.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93