Updated Dec 21, 2023
Red Bow Realty Acquires Multifamily Property In Malden, MA For $1.2M
65 Glendale Avenue, Malden, Massachusetts 02148, United States
$1,205,000
$361/SF
Building Size
3,335 SF
Asset Type
MultiFamily
Closing
Feb 2, 2022
About this deal
AI
The multifamily property located at 65 Glendale Ave in Malden, MA was recently sold. The transaction took place on 02/03/2022. The property, spanning 3,335 square feet, was sold for a price of $1,205,000, resulting in a price per square foot of $361.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,205,000
- Square Footage: 3,335
- Address: 65 Glendale Ave, Malden, MA
The buyer in this transaction was represented by Thales Cesa from Red Bow Realty. On the other hand, Joyce DiLiegro from J. Barrett & Company represented the seller.
Players
Malden MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Thales Cesa to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.16%
Cash-on-Cash
-3.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93