Updated Dec 4, 2024
Keivan Mizrahi & David Ladner Close $1.1M Multifamily Sale In Malden, MA
9-11 Swains Pond Avenue
$1,101,000
Units
2
Asset Type
MultiFamily
Closing
Jun 21, 2024
About this deal
AI
9-11 Swains Pond Ave, Malden, MA 02148, sold for $1,101,000. This turn-key side-by-side 2-family home on the Malden/Melrose line offers spacious living across both units, each featuring modern amenities like central A/C, updated kitchens, and ample parking.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,101,000
- Units: 2
- Price Per Unit: $550,500
- Address: 9-11 Swains Pond Avenue
- Market: Malden, MA
Keivan Mizrahi from Keller Williamsrepresented the buyer in the transaction, while David Ladner from Re/Max represented the seller.
The multifamily sale at 9-11 Swains Pond Avenue in Malden, Massachusetts sold for $1.1M in 2024. Reported inventory is 2 units across 2 units. David Ladner, Keivan Mizrahi, Re/Max, Keller Williams Realty appear on the sale alongside Re/Max, Keller Williams Realty. This page is the Malden, Massachusetts file for the 9-11 Swains Pond Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Malden sit in the Market section below. Filter that Malden multifamily set by closing date to see what else sold near 9-11 Swains Pond Avenue around 2024. Published consideration for 9-11 Swains Pond Avenue is $1.1M, dated 2024. Cite this Keivan Mizrahi & David Ladner Close $1.1M Multifamily Sale In Malden, MA sale when underwriting similar multifamily product around Malden, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.41%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93