Updated Dec 4, 2024
Marni Migliaccio & Christopher Neri Facilitate $1.2M Multifamily Sale In Plymouth
17 Cordage Terrace & 23 Cordage Terrace
$1,200,000
$122/SF
Building Size
4,900 SF
Asset Type
MultiFamily
Closing
Jun 14, 2024
About this deal
AI
A multifamily property located at 17-23 Cordage Terrace in Plymouth, MA was recently sold for $1.2 million. The property spans 4,900 square feet, amounting to a price per square foot of $245. Marni Migliaccio from Success! Real Estate represented the buyer in this transaction, while the seller was represented by Christopher Neri from Re/Max.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 17-23 Cordage Terrace
- Market: Plymouth, MA
- Buyer's Rep: Marni Migliaccio - Success! Real Estate
- Seller's Rep: Christopher Neri - Re/Max
In this sale of a multifamily property at 17-23 Cordage Terrace, Marni Migliaccio from Success! Real Estate acted as the buyer's representative, while the seller was represented by Christopher Neri from Re/Max, showcasing the seamless facilitation of the deal by competent real estate professionals.
Players
Plymouth 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93