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102 Central Avenue, Salisbu...

Updated Dec 21, 2023

Candor Realty Group Acquires Multifamily Property In Salisbury, MA For $1.15M
SOLDMultiFamily

Candor Realty Group Acquires Multifamily Property In Salisbury, MA For $1.15M

102 Central Avenue, Salisbury, Massachusetts, USA

$1,150,000

$428/SF

Building Size

2,681 SF

Asset Type

MultiFamily

Closing

Jan 25, 2021

About this deal

AI

The multifamily property located at 102 Central Avenue in Salisbury, MA has been recently sold for $1,150,000. The sale took place on January 26, 2021. The property consists of 3 units, with a price per unit of $383,333. It has a total square footage of 2,681, resulting in a price per square foot of $429.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Address: 102 Central Avenue
  • Market: Salisbury, MA

In this transaction, the seller was represented by Julie Ciaraldi from Julie Ciaraldi, and the buyer was represented by Candor Realty Group from Four Points Real Estate, LLC.

Players

Julie Ciaraldi

Broker

$1.2M

vol

1 deal

Broker

Salisbury MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $428 per square foot on a published $1.2M for 2,681 square feet (2021).

Visit Julie Ciaraldi to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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