Updated Dec 19, 2023
Catalyst Real Estate Services Represents Buyer In $1.15M Multifamily Sale In Somerville, MA
99 Hudson Street, Somerville, Massachusetts 02144, United States
$1,150,000
$494/SF
Building Size
2,327 SF
Asset Type
MultiFamily
Closing
Dec 22, 2021
About this deal
AI
Located at 99 Hudson St in Somerville, MA, this multifamily property was recently sold in a closed transaction. The property spans an area of 2,327 square feet. The sale price for this asset was $1,150,000, resulting in a price per square foot of $494.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 99 Hudson St, Somerville, MA
- Market: Somerville, MA
The buyer was represented by John Paskowski from Catalyst Real Estate Services, while Michelle Pena from Pena Realty Corporation acted as the seller's representative in this transaction.
Players
Somerville 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93