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
9,800 SF
Asset Type
MultiFamily
Closing
Apr 2, 2024
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.
Players
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