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Denkar Realty Group Acquires Medford Multifamily For $1.01M

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SOLD
$1,013,000

Massachusetts

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MultiFamily2,124 SF
Sold 11/22/2023
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Property Image
SOLD

Denkar Realty Group Acquires Medford Multifamily For $1.01M

60 Dartmouth Street

See Similar Deals
MultiFamily2,124 SF
Sold 11/22/2023
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$476
Total Square Footage:2,124 SF
Transaction Type:Sale

In Medford, MA, a multifamily property at 60 Dartmouth Street has been sold for $1,013,000. The property spans 2,124 square feet and was sold at a price per square foot of $477.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,013,000
  • Address: 60 Dartmouth Street
  • Market: Medford, MA

Sammy Chen of Denkar Realty Group represented the buyer in the transaction, while Elizabeth McCarron of Keller Williams served as the seller's representative.

Players

Sammy  Chen
7 deals$8.9M volume
BROKER

Elizabeth McCarron
Keller Williams Realty
1 deal$1M volume(617) 817-7849
BROKER

Details

SOLD
IMAGE: Sammy Chen & Elizabeth McCarron DATE: 11/22/2023 ADDRESS: 60 Dartmouth Street MARKET: Medford, MA ASSET TYPE: Multifamily BUYER'S REP: Sammy Chen - Denkar Realty Group SELLER'S REP: Elizabeth McCarron - Keller Williams (@KellerWilliamsRealty) SALE PRICE: $1,013,000 SF: 2,124 ~ PPSF: $477 NOTE: In Medford, MA, a multifamily property at 60 Dartmouth Street has been sold for $1,013,000, with Sammy Chen of Denkar Realty Group representing the buyer and Elizabeth McCarron of Keller Williams serving as the seller's representative

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$54,026.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,598.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,802.14
Annual Debt Service$57,625.64