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
Malden MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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