SOLDMultiFamily
Marta Rodriguez Gamboa Of William Raveis R.E. & Home Services Sells Yorktown Multifamily For $1.25M
86-88 Yorktown Street, Somerville, Massachusetts, USA
$1,250,000
$484/SF
Building Size
2,578 SF
Asset Type
MultiFamily
Closing
May 13, 2021
AI
A multifamily property located at 86-88 Yorktown in Somerville, MA was recently sold for $1,250,000. The property spans 2,578 square feet, resulting in a price per square foot of $485.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Square Footage: 2,578
- Price per Square Foot: $485
- Address: 86-88 Yorktown, Somerville, MA
- Broker: Marta Rodriguez Gamboa - William Raveis R.E. & Home Services
Marta Rodriguez Gamboa from William Raveis R.E. & Home Services served as the broker in this transaction.
Somerville 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93