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
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93