Sammy Chen Of Denkar Realty Group Acquires Multifamily Property In Somerville, MA For $1.28M
SOLD
$1,280,000
Massachusetts
See Similar DealsMultiFamily3,124 SF
Sold 01/19/2021
SOLD
Sammy Chen Of Denkar Realty Group Acquires Multifamily Property In Somerville, MA For $1.28M
79 Rogers Avenue, Somerville, MA, USA
See Similar DealsMultiFamily3,124 SF
Sold 01/19/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$409
Total Square Footage:3,124 SF
Transaction Type:Sale
The multifamily property located at 79 Rogers Avenue in Somerville, MA has been sold for $1,280,000. The property spans a total of 3,124 square feet, resulting in a price per square foot of $410.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,280,000
- Date: 01/19/2021
- Address: 79 Rogers Avenue
- Market: Somerville, MA
The seller's representative in this transaction was The Ryan Group from Splice Realty. Denkar Realty Group represented the buyer, with Sammy Chen as the buyer's representative.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$68,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,547.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,067.85
Annual Debt Service$72,814.24
Is there something missing? Send suggestions