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175 Millwood Street, Framin...

Coldwell Banker Realty Framingham Acquires Multifamily Property In Framingham, MA For $1.47M
SOLDMultiFamily

Coldwell Banker Realty Framingham Acquires Multifamily Property In Framingham, MA For $1.47M

175 Millwood Street, Framingham, MA, USA

$1,475,000

$274/SF

Building Size

5,376 SF

Asset Type

MultiFamily

Closing

Jan 20, 2021

AI

The multifamily property located at 175 Millwood in Framingham, MA was recently sold for a price of $1,475,000. The property consists of 7 units, with an average price per unit of $210,714. The total square footage of the property is 5,376, equating to a price per square foot of $274.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,475,000
  • Units: 7
  • Price per Unit: $210,714
  • Square Footage: 5,376
  • Price per Square Foot: $274

Representing the seller in this transaction was Deborah Mansour Dawson from Berkshire Realty Group, LLC. On the buyer's side, Sam Takla from Coldwell Banker Realty Framingham acted as the representative.

Players

Deborah Mansour Dawson

Broker

$1.5M

vol

1 deal

Broker

Framingham MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.75%

Cash-on-Cash

-3.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93