United Properties Acquires Multifamily Asset In Medford, MA For $8.15 Million With Seller's Rep Cushman & Wakefield
Fellsway
$8,150,000
$407/SF
Building Size
20,000 SF
Asset Type
MultiFamily
Closing
Jun 30, 2025
AI
The property located at 1072-1078 Fellsway in Medford, MA, is a multifamily asset consisting of 24 units. The transaction for this asset concluded at a sale price of $8,150,000, resulting in a price per unit of $339,583.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,150,000
- Address: 1072-1078 Fellsway
- Market: Medford, MA
- Units: 24
- Price Per Unit: $339,583
- Buyer: United Properties
- Seller: Mastrocola Management
- Seller's Representatives: John Flaherty, Christopher Sower, Bruce Lusa, Jonathan (Jon) Bryant, Mary VanNatta & Julie Regan - Cushman & Wakefield
The buyer in this transaction is United Properties, while the seller is Mastrocola Management. The deal was facilitated by a team of representatives from Cushman & Wakefield, consisting of John Flaherty, Christopher Sower, Bruce Lusa, Jonathan (Jon) Bryant, Mary VanNatta, and Julie Regan.
Players
Medford 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
1.95%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93