Steve Bremis Realty Group Acquires MultiFamily Property In Medford, MA For $1.11M
96 North St, Medford, Massachusetts 02155, United States
$1,110,000
$394/SF
Building Size
2,816 SF
Asset Type
MultiFamily
Closing
Feb 1, 2022
AI
Located at 96 North St in Medford, MA, this multi-family property was recently sold for $1,110,000. With a total area of 2,816 square feet, this property offers spacious living spaces for residents. The price per square foot for this transaction was $394.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,110,000
- Address: 96 North St, Medford, MA
- Market: Medford, MA
Representing the buyer, Stephen Bremis from Steve Bremis Realty Group facilitated the purchase. On the other side, Diana Galluzzo from RE/MAX 360 acted as the seller's representative in this transaction.
Players
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
14.29%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93