Gibson Associates Realty Acquires Multifamily Property In Easton, MA
101 Norton Ave, Easton, South Easton, Massachusetts, USA
$1,500,000
$242/SF
Building Size
6,184 SF
Asset Type
MultiFamily
Closing
Sep 14, 2021
AI
The multifamily property located at 101 Norton Ave in Easton, MA was recently sold for $1,500,000. Spanning over 6,184 square feet, this property offers a PPSF (price per square foot) of $243. The transaction took place on September 14, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 101 Norton Ave, Easton, MA
- Square Footage: 6,184
- PPSF: $243
The buyer, represented by Chris Gibson from Gibson Associates Realty, LLC, acquired the property. Kathleen Humphrey from Humphrey Realty Group, LLC served as the seller's representative in the deal.
Players
South Easton 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93