Boston Trust Realty Group & MIG Sell Multifamily Property On S Main St In Randolph For $754K
SOLD
$754,000
Massachusetts
See Similar DealsMultiFamily10,800 SF
Sold 04/05/2022
SOLD
Boston Trust Realty Group & MIG Sell Multifamily Property On S Main St In Randolph For $754K
135 S Main St, Randolph, Massachusetts 02368, United States
See Similar DealsMultiFamily10,800 SF
Sold 04/05/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$69
Total Square Footage:10,800 SF
Transaction Type:Sale
A multifamily property located at 135-137 S Main St in Randolph, MA has been sold. The property consists of 4 units and spans across 10,800 square feet. The sale took place on April 5, 2022, with a transaction amount of $754,000, resulting in a price per unit of $188,500 and a price per square foot of $70.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $754,000
- Units: 4
- Price per Unit: $188,500
- Square Footage: 10,800
- Price per Square Foot: $70
The transaction was facilitated by Robert Nichols and Daniel Jeannite from Boston Trust Realty Group and MIG. They represented the parties involved in the deal as brokers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$40,213.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,678.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,574.34
Annual Debt Service$42,892.14
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