Virginia W Ndungu Acquires Multifamily Property In Randolph, MA For $6.57M
14 Thompson Dr Randolph, MA 02368, USA
$6,574,793
$178/SF
Building Size
36,872 SF
Asset Type
MultiFamily
Closing
Jun 30, 2023
AI
The multifamily property located at 14 Thompson Drive in Randolph, MA has been sold. The transaction took place on June 30, 2023, with a sale price of $6,574,793. The property consists of 24 units, with an average price per unit of $273,950. The total square footage of the property is 36,872, with an average price per square foot of $178.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,574,793
- Address: 14 Thompson Drive
- Market: Randolph, MA
- Units: 24
- Price Per Unit: $273,950
- Square Footage: 36,872
- Price Per Square Foot: $178
The buyer of the property is Virginia W Ndungu, while the seller is Steffen Panzone. The buyer was represented by Paul Gnakou from MIG.
Players
Boston 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
2.41%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93