Updated Dec 4, 2024
Multifamily Property In Malden, MA Sells For $1.46M With Buyer's Rep Elias Papadopoulos & Seller's Rep Daniel O'Rourke
440 Pleasant Street
$1,457,000
$314/SF
Building Size
4,635 SF
Asset Type
MultiFamily
Closing
Dec 29, 2023
About this deal
AI
A multifamily property located at 440 Pleasant Street in Malden, MA, has been transacted with a sale price of $1,457,000. The property consists of 4,635 square feet and has a price per square foot of $314.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,457,000
- Address: 440 Pleasant Street, Malden, MA
- Market: Malden, MA
The buyer's representative in the deal was Elias Papadopoulos from RE/MAX Real Estate Center, and the seller's representative was Daniel O'Rourke from RE/MAX Andrew Realty Services. This transaction reflects ongoing activity in the Malden real estate market.
Players
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
10.89%
Cash-on-Cash
-3.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93