Will Natoli & Shane Marrion Of Benoit Real Estate Sell Multifamily Property In Malden, MA For $810K
60-62 Watts Street, Malden, MA, USA
$810,000
$298/SF
Building Size
2,710 SF
Asset Type
MultiFamily
Closing
Jan 19, 2021
AI
The multifamily property located at 60-62 Watts Street in Malden, MA has been sold for a total price of $810,000. The property spans 2,710 square feet, resulting in a price per square foot of $299.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $810,000
- Date: 01/20/2021
- Address: 60-62 Watts Street, Malden, MA
The sale of this property was represented by Shane Marrion from Benoit Real Estate on behalf of the seller. Will Natoli from Compass acted as the buyer's representative in this transaction.
Players
Malden 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
19.58%
Cash-on-Cash
-5.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93