Updated Dec 4, 2024
Norwood Multifamily Property Sold For $1.125M With Buyer's Rep Dalvin Estrada & Seller's Rep Michael Lord
245 Hill Street
$1,125,000
$452/SF
Building Size
2,488 SF
Asset Type
MultiFamily
Closing
Oct 5, 2023
About this deal
AI
A multifamily property located at 245 Hill Street in Norwood, MA, was sold for $1.125 million. The property has a total area of 2,488 square feet, resulting in a price per square foot of $452. The transaction took place on 10/05/2023.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,125,000
- Address: 245 Hill Street, Norwood, MA
- Market: Norwood, MA
- Buyer's Representative: Dalvin Estrada - Estrada & Associates Realty LLC
- Seller's Representative: Michael Lord - Capital Realty Group
- Square Footage: 2,488
- Price per Square Foot: $452
The buyer, Dalvin Estrada, was represented by Estrada & Associates Realty LLC in this transaction. On the other hand, Michael Lord represented the seller, Capital Realty Group. Both parties played pivotal roles in the successful completion of the deal.
On the Map
$1,125,000
$452/SF
MultiFamily
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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
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93