Updated Dec 4, 2024
Jay Goldberg Of Goldberg Properties Facilitates $1.01M Sale Of Georgetown Multifamily
24 North Street
$1,010,000
Units
3
Asset Type
MultiFamily
Closing
Mar 29, 2024
About this deal
AI
A meticulously maintained large antique colonial 3-family home at 24 North St in Georgetown, MA, sold for $1,010,000. Featuring updated units and a spacious barn, it offers a blend of historic charm and modern convenience, ideal for homeowners or investors seeking a versatile property in a convenient location.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Units: 3
- Price Per Unit: $336,667
- Address: 24 North Street
- Market: Georgetown, MA
Jay Goldberg of Goldberg Properties, Inc., represented the transaction as the broker.
On the Map
$1,010,000
MultiFamily
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Georgetown 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
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93