Coldwell Banker Realty Acquires Multifamily Property In Medford, MA For $1.005M
SOLD
$1,005,000
Massachusetts
See Similar DealsMultiFamily2,824 SF
Sold
SOLD
Coldwell Banker Realty Acquires Multifamily Property In Medford, MA For $1.005M
63 4th Street, Medford, Massachusetts, USA
See Similar DealsMultiFamily2,824 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$355
Total Square Footage:2824 SF
Transaction Type:Sale
A multifamily property located at 63 Fourth St in Medford, MA has been sold for a price of $1,005,000. The property spans a total area of 2,824 square feet and has a price per square foot of $356.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,005,000
- Address: 63 Fourth St, Medford, MA
- Market: Medford, MA
The sale of this property was facilitated by Matthew Woods and Neran Rohra of Coldwell Banker Realty - Arlington, represented by @propertiesinma and @coldwellbankerboston respectively.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,570.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,764.21
Annual Debt Service$57,170.55
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