facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

58 Windsor Road

Seamus Mcgrath & Ruth Littleton Facilitate $1.1M Sale Of Medford Multifamily
SOLDMultiFamily

Seamus Mcgrath & Ruth Littleton Facilitate $1.1M Sale Of Medford Multifamily

58 Windsor Road

$1,100,000

$403/SF

Building Size

2,728 SF

Asset Type

MultiFamily

Closing

May 17, 2024

AI

A well-maintained 2-family home at 58 Windsor Rd in Medford, MA, sold for $1.1 million, boasting an ideal location near Tufts University. The property features spacious units with hardwood floors, enclosed porches, and ample parking, presenting a rare investment opportunity. The property spans 2,728 square feet and was sold at a price of $403 per square foot.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Units: 2
  • Price Per Unit: $550,000
  • Square Footage: 2,728
  • Price Per Square Foot: $403
  • Address: 58 Windsor Road, Medford, MA
  • Market: Medford, MA

Seamus Mcgrath from Gibson Sotheby's International Realty represented the buyer in the transaction, while Ruth Littleton from Littleton Realty Group represented the seller. This deal involved key real estate professionals from reputable agencies, showcasing their expertise in closing property transactions in the Medford market.

Players

Ruth Littleton

Littleton Realty Group

Broker

$1.1M

vol

1 deal

Broker

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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93