$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
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.
Players
Medford 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93