Majd Sbat & Anthony J. Evangelista Close $1.63M Multifamily Sale In Worcester
18 Windsor Street
$1,630,000
$226/SF
Building Size
7,190 SF
Asset Type
MultiFamily
Closing
Mar 14, 2024
AI
A multifamily property located at 18 Windsor Street in Worcester, MA, was sold for $1,630,000. The property spans 7,190 square feet, resulting in a price per square foot of $227.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,630,000
- Address: 18 Windsor Street
- Market: Worcester, MA
Majd Sbat of Cedar Wood Realty Group represented the buyer in this transaction, while Anthony J. Evangelista of A & E Realty Company acted as the seller's representative.
Players
Worcester 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
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93