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157 Stone St. Walpole, MA 0...

Updated Sep 9, 2024

Move Forward Real Estate Sells 10-Unit Multifamily Property In Walpole, MA For $2.1M
SOLDMultiFamily

Move Forward Real Estate Sells 10-Unit Multifamily Property In Walpole, MA For $2.1M

157 Stone St. Walpole, MA 02081, USA

$2,100,000

$220/SF

Building Size

9,510 SF

Asset Type

MultiFamily

Closing

Jul 31, 2023

About this deal

AI

The multifamily property located at 157 Stone Street in Walpole, MA has recently been sold for $2,100,000. This property consists of 10 units, with each unit having an average price of $210,000. The total square footage of the property is 9,510, resulting in an average price per square foot of $221.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,100,000
  • Units: 10
  • Price per Unit: $210,000
  • Square Footage: 9,510
  • Price per Square Foot: $221
  • Address: 157 Stone Street, Walpole, MA
  • Market: Walpole, MA

The sale of this multifamily property was brokered by Greg Martin from Move Forward Real Estate. The transaction was captured in a photograph taken by Boston Real Estate Photography.

On the Map

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$2,100,000

$220/SF

MultiFamily

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Players

Greg Martin

Move Forward Real Estate

Broker

$4.3M

vol

5 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $220 per square foot on a published $2.1M for 9,510 square feet (2023).

Visit Greg Martin to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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