Arthur Martiroso & David Martiroso Of DNA Realty Group Acquire Medford, MA Multifamily For $950K
553 Main Street
$950,000
$155/SF
Building Size
6,099 SF
Asset Type
MultiFamily
Closing
May 26, 2022
AI
Located at 553 Main St in Medford, MA, this multifamily property was recently sold for a total price of $950,000. The sale was completed on 05/27/2022, making it a closed transaction. The property consists of three units, resulting in a price per unit of $316,667. With a total area of 6,099 square feet, the price per square foot comes out to be $156.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $950,000
- Address: 553 Main St, Medford, MA
- Market: Medford, MA
- Units: 3
- Price per Unit: $316,667
- Total Area: 6,099 square feet
- Price per Square Foot: $156
Representing the buyers in this transaction were Arthur Martiroso and David Martiroso from DNA Realty Group and Keller Williams Realty Success. They facilitated the sale and ensured a smooth transaction for their clients. For any inquiries, Arthur Martiroso can be reached at 617-921-5015 or via email at [email protected], while David Martiroso can be contacted at 617-939-7138 or [email protected]. Further information can be found on the DNA Realty Group website, www.thednarealtygroup.com.
Players
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
16.70%
Cash-on-Cash
-4.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93