Lauren Holleran Of Gibson Sotheby's International Realty Represents Buyer In $1.56M Somerville Multifamily Sale
99 Kidder Avenue
$1,560,900
$484/SF
Building Size
3,225 SF
Asset Type
MultiFamily
Closing
Jul 12, 2024
AI
A multifamily property located at 99 Kidder Avenue in Somerville, MA was sold for $1,560,900. The property spans a total of 3,225 square feet, translating to a price per square foot of $484.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,560,900
- Address: 99 Kidder Avenue
- Market: Somerville, MA
- Square Footage: 3,225
- Price per Square Foot: $484
- Buyer's Representative: Lauren Holleran - Gibson Sotheby's International Realty
- Seller's Representative: Thalia Tringo - Thalia Tringo & Associates Real Estate
Lauren Holleran represented the buyer in the transaction, while the seller was represented by Thalia Tringo, highlighting the involvement of experienced professionals from prominent real estate agencies in this deal.
Players
Somerville 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
10.16%
Cash-on-Cash
-2.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93