Peter Giannikopoulos Of Coldwell Banker Facilitates $1.36M Sale In Medford, MA
45 Princeton Street
$1,360,000
$475/SF
Building Size
2,863 SF
Asset Type
MultiFamily
Closing
Jun 3, 2024
AI
Located at 45 Princeton Street in Medford, MA, the multifamily asset was recently sold for $1,360,000. Spanning 2,863 square feet, the property was purchased at a price per square foot of $475.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,360,000
- Address: 45 Princeton Street
- Market: Medford, MA
- Buyer's Rep: Peter Giannikopoulos - Coldwell Banker
- Seller's Rep: Ning Sun - United Real Estate
The transaction was facilitated by Peter Giannikopoulos from Coldwell Banker representing the buyer and Ning Sun from United Real Estate representing the seller. Both parties played a crucial role in ensuring the successful completion of the deal.
Players
Medford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93