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9-11 Swains Pond Avenue

Keivan Mizrahi & David Ladner Close $1.1M Multifamily Sale In Malden, MA
SOLDMultiFamily

Keivan Mizrahi & David Ladner Close $1.1M Multifamily Sale In Malden, MA

9-11 Swains Pond Avenue

$1,101,000

Building Size

Asset Type

MultiFamily

Closing

Jun 21, 2024

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.

Players

David Ladner

Re/Max

Broker

$4.7M

vol

4 deals

Broker

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

14.41%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93