SOLDMultiFamily
Xian Dole Acquires Multifamily Property In Northampton, MA For $1.65M
1 Eastern Ave, Northampton, Massachusetts, USA
$1,650,000
$64/SF
Building Size
25,532 SF
Asset Type
MultiFamily
Closing
Apr 7, 2021
AI
The multifamily property located at 1-23 Eastern Ave in Northampton, MA has been sold for a total price of $1,650,000. The transaction took place on April 8, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Address: 1-23 Eastern Ave, Northampton, MA
- Market: Northampton, MA
- Square Footage: 25,532 SF
- Price per Square Foot: $65
The seller's representative in this deal was Stiles & Dunn from Jones Group Realtors, while the buyer was represented by Xian Dole of 5 College Realtors.
Players
Northampton 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93