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157 Stone St. Walpole, MA 0...

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

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.

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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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