Updated Sep 9, 2024
Norwood Multifamily Property Sold For $1.1M With Esin Susol - Castles Unlimited
175 Walpole Street, Norwood, MA 02062
$1,105,000
$221/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Dec 30, 2021
About this deal
AI
A multifamily property located at 175 Walpole St in Norwood, MA has been sold for a price of $1,105,000. The property spans across an area of 0.49 acres and offers a total of 5,000 square feet of space. The sale took place on December 30, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,105,000
- Address: 175 Walpole St, Norwood, MA
- Market: Norwood, MA
- Acreage: 0.49 acres
The buyer's representative in this transaction was Esin Susol from Castles Unlimited, while Stephen McGovern from Conway - Canton represented the seller. The property has a price per square foot of $221.
Players
Norwood 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
14.36%
Cash-on-Cash
-4.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93