Updated Sep 9, 2024
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.
Market 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93