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135 S Main St, Randolph, Ma...

Boston Trust Realty Group & MIG Sell Multifamily Property On S Main St In Randolph For $754K
SOLDMultiFamily

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

$754,000

$69/SF

Building Size

10,800 SF

Asset Type

MultiFamily

Closing

Apr 4, 2022

AI

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.

Players

Daniel Jeannite

Boston Trust Realty Group

Broker

$13.5M

vol

13 deals

Broker

Randolph 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

21.04%

Cash-on-Cash

-6.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93