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96 North St, Medford, Massa...

Steve Bremis Realty Group Acquires MultiFamily Property In Medford, MA For $1.11M
SOLDMultiFamily

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

Stephen Bremis

Steve Bremis Realty Group

Broker

$11.4M

vol

8 deals

Broker

Medford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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