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855 Fellsway, Medford, Mass...

Updated Dec 21, 2023

$1.3M Multifamily Property Sold In Medford, MA With Buyer's Rep Willer Silva & Seller's Rep Chuck Andre
SOLDMultiFamily

$1.3M Multifamily Property Sold In Medford, MA With Buyer's Rep Willer Silva & Seller's Rep Chuck Andre

855 Fellsway, Medford, Massachusetts, USA

$1,300,000

$360/SF

Building Size

3,608 SF

Asset Type

MultiFamily

Closing

Jun 10, 2021

About this deal

AI

The multifamily property located at 855 Fellsway in Medford, MA has been sold for $1,300,000. The property spans an area of 3,608 square feet, resulting in a price per square foot of $360.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Square Footage: 3,608
  • Price Per Square Foot: $360

The seller's representative in this deal was Chuck Andre from RE/MAX Andrew Realty Services, while the buyer's representative was Willer Silva from Invest Realty Group.

The multifamily sale at 855 Fellsway, Medford, Massachusetts, USA in Medford, Massachusetts sold for $1.3M in 2021. The building is 3,608 square feet, implying about 360 per square foot on the published price. Willer Silva, Chuck Andre, Invest Realty Group appear on the sale alongside Invest Realty Group. This page is the Medford, Massachusetts file for the 855 Fellsway, Medford, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Medford sit in the Market section below. Filter that Medford multifamily set by closing date to see what else sold near 855 Fellsway, Medford, Massachusetts, USA around 2021. Published consideration for 855 Fellsway, Medford, Massachusetts, USA is $1.3M, dated 2021. Cite this $1.3M Multifamily Property Sold In Medford, MA With Buyer's Rep Willer Silva & Seller's Rep Chuck Andre sale when underwriting similar multifamily product around Medford, Massachusetts.

Players

Chuck Andre

Broker

$3.6M

vol

3 deals

Broker

Medford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $360 per square foot on a published $1.3M for 3,608 square feet (2021).

Visit Willer Silva to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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