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
Framingham 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
10.75%
Cash-on-Cash
-3.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93