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157 Orchard Street, Medford...

Robin Repucci Acquires Multifamily Property On Orchard St For $1.075M
SOLDMultiFamily

Robin Repucci Acquires Multifamily Property On Orchard St For $1.075M

157 Orchard Street, Medford, Massachusetts, USA

$1,075,000

$383/SF

Building Size

2,803 SF

Asset Type

MultiFamily

Closing

Jun 18, 2020

AI

A multifamily property located at 47 Orchard St in Medford, MA was recently sold for $1,075,000. The property spans 2,803 square feet, resulting in a price per square foot of $384. The sale took place on June 18, 2021, and the transaction involved Robin Repucci as the seller's representative from Hillside Real Estate and David Keane as the buyer's representative from Compass.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,075,000
  • Address: 47 Orchard St, Medford, MA
  • Market: Medford, MA
  • Seller's Representative: David Keane - Hillside Real Estate
  • Buyer's Representative: Robin Repucci - Compass
  • Square Footage: 2,803
  • Price per Square Foot: $384

Robin Repucci from Compass represented the buyer in this transaction, while David Keane from Hillside Real Estate represented the seller. The sale of the multifamily property at 47 Orchard St marks an important real estate deal in Medford, MA.

Players

Robin Repucci

Compass

Broker

$6.1M

vol

4 deals

Broker

Medford 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

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93