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45 Starbird Street, Malden,...

Updated Dec 21, 2023

The Boston Realty Group Acquires Multifamily Property In Malden, MA For $1.3M
SOLDMultiFamily

The Boston Realty Group Acquires Multifamily Property In Malden, MA For $1.3M

45 Starbird Street, Malden, Massachusetts 02148, United States

$1,300,000

$265/SF

Building Size

4,905 SF

Asset Type

MultiFamily

Closing

May 26, 2022

About this deal

AI

The multifamily property located at 45 Starbird St in Malden, MA was recently sold for a price of $1,300,000. The property spans 4,905 square feet, resulting in a price per square foot of $265.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Address: 45 Starbird St, Malden, MA
  • Market: Malden, MA

The buyer's representative in this transaction was Frank Dimaria from The Boston Realty Group, LLC, while the seller's representative was Prestige Homes Realty Team from Prestige Homes Real Estate, LLC.

Players

Frank Dimaria

The Boston Realty Group

Broker

$1.3M

vol

1 deal

Broker

Malden MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $265 per square foot on a published $1.3M for 4,905 square feet (2022).

Visit The Boston Realty Group to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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