Updated Dec 4, 2024
Sandeep Arora & Maria Ledo Close $1.66M Multifamily Sale In Reading, MA
91 Green Street & 93 Green Street
$1,660,000
$169/SF
Building Size
4,900 SF
Asset Type
MultiFamily
Closing
Apr 2, 2024
About this deal
AI
This new construction 2-family home at 91-93 Green St in Reading, MA, was sold for $1,660,000. It features spacious living areas, a designer kitchen, and a home office. Conveniently located near the center of Reading, the property offers easy access to amenities, transportation, and major highways.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,660,000
- Address: 91-93 Green Street
- Market: Reading, MA
- Square Footage: 4,900
- Price per Square Foot: $339
- Buyer's Rep: Sandeep Arora - NextHome Luxury Realty
- Seller's Rep: Maria Ledo - Pena Realty Corporation
The transaction at 91-93 Green St involved Sandeep Arora from NextHome Luxury Realty as the buyer's representative and Maria Ledo from Pena Realty Corporation as the seller's representative.
On the Map
$1,660,000
$169/SF
MultiFamily
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Reading 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
9.56%
Cash-on-Cash
-2.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93