Updated Dec 21, 2023
Berkshire Hathaway Homeservices Acquires Multifamily Property In Malden, MA For $1.05M
446 Highland Avenue, Malden, Massachusetts 02148, United States
$1,050,000
$301/SF
Building Size
3,484 SF
Asset Type
MultiFamily
Closing
Jan 31, 2022
About this deal
AI
The multifamily property located at 446 Highland Ave in Malden, MA has been sold for $1,050,000. The property spans 3,484 square feet with a price per square foot of $301.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 446 Highland Ave, Malden, MA
- Market: Malden, MA
- Asset Type: Multifamily
The buyer, represented by Krystyn Elek from Unlimited Sotheby's International Realty, and the seller, represented by Ted Wood from Berkshire Hathaway Homeservices Commonwealth Real Estate, were the key individuals involved in this transaction.
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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93