Updated Dec 20, 2023
Boston Trust Realty Group Acquires Multifamily Property On Page St, New Bedford For $360K
21 Page St, New Bedford, Massachusetts, USA
$360,000
$133/SF
Building Size
2,698 SF
Asset Type
MultiFamily
Closing
May 28, 2020
About this deal
AI
The multifamily property located at 21 Page St in New Bedford, MA was recently sold. The property, with a total area of 2,698 square feet, was listed for an asking price of $330,000. The sale was finalized at a price of $360,000, resulting in a price per square foot of $133.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $360,000
- Market: New Bedford, MA
- Address: 21 Page St
The sale of this property was facilitated by Corina Houston from Boston Trust Realty Group. Corina Houston, representing Mrs.Signhere, successfully negotiated the transaction.
New Bedford 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
44.06%
Cash-on-Cash
-12.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93