Updated Dec 18, 2023
Yuki Wang Acquires Multifamily Property In Somerville, MA For $1.27M
96 Heath Street, Somerville, Massachusetts, USA
$1,270,000
$369/SF
Building Size
3,441 SF
Asset Type
MultiFamily
Closing
Mar 15, 2021
About this deal
AI
Located at 96 Heath Street in Somerville, MA, this multifamily property was recently sold on March 16, 2021. The transaction was facilitated by Everett Clark, representing the seller for Amaral & Associates RE, and Yuki Wang, who represented the buyer for MA Properties.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,270,000
- Square Footage: 3,441
- Price per Square Foot: $369
- Address: 96 Heath Street, Somerville, MA
This sale marks an important deal for both the seller and the buyer. Everett Clark from Amaral & Associates RE represented the seller, while Yuki Wang from MA Properties represented the buyer. The property, spanning 3,441 square feet, was sold for $1,270,000, at a price per square foot of $369.
On the Map
$1,270,000
$369/SF
MultiFamily
View full map
Players
Somerville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Everett Clark to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.49%
Cash-on-Cash
-3.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93