Updated Dec 21, 2023
Dreamhouse Team Acquires Medford Multifamily Property For $1.02M
90 Evans St, Medford, MA, USA
$1,020,000
$372/SF
Building Size
2,736 SF
Asset Type
MultiFamily
Closing
Sep 14, 2021
About this deal
AI
A multifamily property located at 90 Evans St in Medford, MA was recently sold for a price of $1,020,000. The property spans 2,736 square feet and has a price per square foot of $373. The sale took place on 09/14/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Square Footage: 2,736
- Price per Square Foot: $373
- Address: 90 Evans St, Medford, MA
- Market: Medford, MA
The buyer in this transaction was represented by Dreamhouse Team from Phoenix Real Estate, while the seller was represented by Sheila McDougall from Leading Edge Real Estate.
Medford 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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93