Multifamily Property In Somerville, MA Sold For $1.4M With Buyer's Rep Nicholas Pagliarulo & Seller's Rep Grace Bloodwell
79 Hudson Street
$1,400,000
$429/SF
Building Size
3,261 SF
Asset Type
MultiFamily
Closing
Oct 3, 2023
AI
A multifamily property located at 79 Hudson Street in Somerville, MA, was sold for a sale price of $1,400,000. The property spans 3,261 square feet and has a price per square foot of $429.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 79 Hudson Street, Somerville, MA
- Market: Somerville, MA
The buyer's representative in the deal was Nicholas Pagliarulo from Cityscapes International Realty. On the other hand, Grace Bloodwell from Coldwell Banker Realty in Charlestown represented the seller in the transaction.
Players
Boston 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93