Updated Oct 28, 2024
CT 29 Washington Ave. LLC Acquires Hamden Multifamily For $2.1M
37 Washington Avenue, Hamden, Connecticut 06518, United States
$2,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 1, 2022
About this deal
AI
A multifamily property located at 29-37 Washington Ave in Hamden, CT has been sold for a total of $2,100,000. The property is part of a closed transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Address: 29-37 Washington Ave
- Market: Hamden, CT
The buyer of the property is CT 29 Washington Ave. LLC, while the seller is Washington Park LLC. The transaction was facilitated by Brad Balletto, Rich Edwards, Jeff Wright, and Bob Paterno from Northeast Private Client Group.
On the Map
$2,100,000
MultiFamily
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Players
Hamden 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93