Daily limit: 0/10
Christina Dinardi Of Keller Williams Realty Boston-Metro Represents Buyer In $1.66M Somerville Multifamily Sale
SOLD
$1,660,000
Massachusetts
See Similar DealsMultiFamily3,636 SF
Sold 12/03/2024
SOLD
Christina Dinardi Of Keller Williams Realty Boston-Metro Represents Buyer In $1.66M Somerville Multifamily Sale
9 Powder House Terrace
See Similar DealsMultiFamily3,636 SF
Sold 12/03/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$456
Total Square Footage:3,636 SF
Transaction Type:Sale
A two-unit multifamily property located at 9 Powder House Terrace has been sold for $1.66 million. The asset encompasses 3,636 square feet, with a price per unit of $830,000 and a price per square foot of $457 in the Somerville, MA market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,660,000
- Units: 2
- Square Footage: 3,636
- Price Per Unit: $830,000
- Price Per Square Foot: $457
- Buyer's Representative: Christina Dinardi - Keller Williams Realty Boston-Metro
- Seller's Representative: Sandrine Deschaux - RE/MAX Destiny
Christina Dinardi represented the buyer in this transaction, while the seller was represented by Sandrine Deschaux, highlighting the professional involvement of real estate agencies in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,897.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,869.25
Annual Debt Service$94,430.96
Is there something missing? Send suggestions