Updated Dec 20, 2023
Century 21 Advance Realty Facilitates $1.09M Multifamily Sale In Medford, MA
62 Adams Street, Medford, Massachusetts 02155, United States
$1,090,500
$449/SF
Building Size
2,428 SF
Asset Type
MultiFamily
Closing
Jan 13, 2022
About this deal
AI
The multi-family property located at 62 Adams St in Medford, MA was recently sold. The transaction took place on January 14, 2022. The property was represented by broker Cindy Wu from CENTURY 21 Advance Realty. The sale price for the property was $1,090,500. The property spans a total area of 2,428 square feet, which results in a price per square foot of $449.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,090,500
- Address: 62 Adams St, Medford, MA
- Market: Medford, MA
- Broker: Cindy Wu - CENTURY 21 Advance Realty
- Square Footage: 2,428
- Price per Square Foot: $449
With Cindy Wu representing the property, the sale of 62 Adams St was successfully completed. This transaction highlights the commitment of CENTURY 21 Advance Realty in facilitating real estate deals in the Medford, MA 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
14.55%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93