Northeast Private Client Group Acquires Multifamily Property In Hamden, CT For $6.4M
SOLD
$6,400,000
+ 1
Connecticut
See Similar DealsMultiFamily51,504 SF
Sold 04/23/2021
SOLD
Northeast Private Client Group Acquires Multifamily Property In Hamden, CT For $6.4M
42 Warner Street, Hamden, CT, USA
See Similar DealsMultiFamily51,504 SF
Sold 04/23/2021
+ 1
Summary
CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$124
Total Square Footage:51,504 SF
Transaction Type:Sale
The multifamily property located at 42 Warner St in Hamden, CT was recently sold in a closed transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,400,000
- Units: 52
- Price Per Unit: $123,077
The deal was facilitated by Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno, and John Lockhart from Northeast Private Client Group (NEPCG).
No additional information about the property or the transaction is available at this time.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$341,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,737.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,339.27
Annual Debt Service$364,071.18
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