Maria Malloy Acquires Office Building In Chelsea, MA For $3.8M
95 4th St, Chelsea, MA, USA
$3,800,000
$277/SF
Building Size
13,680 SF
Asset Type
Office
Closing
Aug 15, 2021
AI
The office property located at 95 4th St in Chelsea, MA has been sold. The transaction took place on August 16, 2021. The property consists of 3 units with a total square footage of 13,680. The sale price for the property was $3,800,000, resulting in a price per unit of $1,266,667 and a price per square foot of $278.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: $3,800,000
- Units: 3
- Price per Unit: $1,266,667
- Square Footage: 13,680
- Price per Square Foot: $278
The buyer of the property is Maria Malloy, while the sellers are Fourth Street Invest Llc and Tsv Woodstock LLC.
Players
Medford Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93