Daily limit: 0/10
Lauren Holleran Of Gibson Sotheby's International Realty Represents Buyer In $1.56M Somerville Multifamily Sale
SOLD
$1,560,900
Massachusetts
See Similar DealsMultiFamily3,225 SF
Sold 07/12/2024
SOLD
Lauren Holleran Of Gibson Sotheby's International Realty Represents Buyer In $1.56M Somerville Multifamily Sale
99 Kidder Avenue
See Similar DealsMultiFamily3,225 SF
Sold 07/12/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$484
Total Square Footage:3,225 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$83,248.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,545.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,399.46
Annual Debt Service$88,793.55
Is there something missing? Send suggestions