Steve Bremis Realty Group Acquires MultiFamily Property In Medford, MA For $1.11M
SOLD
$1,110,000
Massachusetts
See Similar DealsMultiFamily2,816 SF
Sold 02/02/2022
SOLD
Steve Bremis Realty Group Acquires MultiFamily Property In Medford, MA For $1.11M
96 North St, Medford, Massachusetts 02155, United States
See Similar DealsMultiFamily2,816 SF
Sold 02/02/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$394
Total Square Footage:2,816 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$59,200.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,943.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,261.97
Annual Debt Service$63,143.60
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