Updated Sep 9, 2024
Boston Trust Realty Group Acquires Multifamily Property In Milford, MA For $299K
8 Clark St, Malden, MA, USA
$299,000
$87/SF
Building Size
3,402 SF
Asset Type
MultiFamily
Closing
Oct 21, 2021
About this deal
AI
The multifamily property located at 8 Clark St in Milford, MA has been sold for a price of $299,000. The transaction took place on 10/21/2021. The property consists of 3 units, with each unit having an approximate price per unit (PPU) of $99,667. The total square footage of the property is 3,402, resulting in a price per square foot (PPSF) of $88.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $299,000
- Units: 3
- Price Per Unit (PPU): $99,667
- Square Footage: 3,402
- Price Per Square Foot (PPSF): $88
The sale of the property was facilitated by Robert Nichols and Mauricio Florian of Boston Trust Realty Group.
On the Map
$299,000
$87/SF
MultiFamily
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Malden 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
53.05%
Cash-on-Cash
-15.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93