Updated Dec 19, 2023
Viviane Alvarenga Sells Multifamily Property In Medford, MA For $1.06M
548 High Street, Medford, Massachusetts 02155, United States
$1,060,000
$270/SF
Building Size
3,921 SF
Asset Type
MultiFamily
Closing
Dec 21, 2021
About this deal
AI
A multifamily property located at 548 High St in Medford, MA was recently sold for a price of $1,060,000. The transaction took place on 12/22/2021 and was captured in an image posted on Instagram by Viviane Alvarenga. The property consists of two units, with each having a per unit price of $530,000. The total square footage of the property is 3,921, resulting in a price per square foot of $270.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Units: 2
- Price Per Unit (PPU): $530,000
- Square Footage: 3,921
- Price Per Square Foot (PPSF): $270
- Address: 548 High St, Medford, MA
- Market: Medford, MA
The buyer in this transaction was represented by Claudette Levy from Niello Realty Group, while the seller was represented by Viviane Alvarenga from Century 21 North East.
Players
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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93