Updated Dec 21, 2023
Louise Condon Realty, Inc. Sells Needham, MA Multifamily On Guild Rd For $2.005M With Buyer's Rep Maura Carson & Seller's Rep Pamela Condon
10 Guild Road, Needham, Massachusetts 02494, United States
$2,005,000
$424/SF
Building Size
4,726 SF
Asset Type
MultiFamily
Closing
Aug 30, 2022
About this deal
AI
A multifamily property located at 10-12 Guild Rd in Needham, MA was recently sold for a price of $2,005,000. The property spans a total of 4,726 square feet, resulting in a price per square foot of $424. The transaction took place on August 31, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,005,000
- Square Footage: 4,726
- Price per Square Foot: $424
- Address: 10-12 Guild Rd, Needham, MA
- Market: Needham, MA
Maura Carson from Louise Condon Realty, Inc. represented the buyer in this transaction, while Pamela Condon, also from Louise Condon Realty, Inc., represented the seller.
Players
Needham Heights 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
7.91%
Cash-on-Cash
-2.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93