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45 Princeton Street

Peter Giannikopoulos Of Coldwell Banker Facilitates $1.36M Sale In Medford, MA
SOLDMultiFamily

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:

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

Ning Sun

United Real Estate

Broker

$6.3M

vol

3 deals

Broker

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