Updated Dec 4, 2024
Tenzin Tsarong Of Coldwell Banker Acquires Malden Multifamily Property As Buyer's Rep For $1.03M
55-57 Presley Street
$1,030,000
$333/SF
Building Size
3,093 SF
Asset Type
MultiFamily
Closing
Jan 31, 2024
About this deal
AI
A multifamily property located at 55-57 Presley Street in Malden, MA, was sold for $1,030,000. The property spans 3,093 square feet, resulting in a price per square foot of $333.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,030,000
- Address: 55-57 Presley Street
- Market: Malden, MA
Tenzin Tsarong of Coldwell Banker in Newton represented the buyer, while Danny Zheng of Keller Williams represented the seller in the transaction.
The multifamily sale at 55-57 Presley Street in Malden, Massachusetts sold for $1M in 2024. The building is 3,093 square feet, implying about 333 per square foot on the published price. Danny Zheng, Tenzin Tsarong, Coldwell Banker, Keller Williams Realty appear on the sale alongside Coldwell Banker, Keller Williams Realty. This page is the Malden, Massachusetts file for the 55-57 Presley Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Malden sit in the Market section below. Filter that Malden multifamily set by closing date to see what else sold near 55-57 Presley Street around 2024. Published consideration for 55-57 Presley Street is $1M, dated 2024. Cite this Tenzin Tsarong Of Coldwell Banker Acquires Malden Multifamily Property As Buyer's Rep For $1.03M sale when underwriting similar multifamily product around Malden, Massachusetts.
Players
Malden MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Danny Zheng to view all their deals.
Browse Malden multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.40%
Cash-on-Cash
-4.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93