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Denkar Realty Group Acquires Medford Multifamily For $1.01M
SOLD
Massachusetts
See Similar DealsMultiFamily2,124 SF
Sold 11/22/2023
SOLD
Denkar Realty Group Acquires Medford Multifamily For $1.01M
60 Dartmouth Street
See Similar DealsMultiFamily2,124 SF
Sold 11/22/2023
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.
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Deal Type
30 years
10 years
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
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