Daily limit: 0/10
Mark K Halloran Brokers $1.251M Sale Of Falmouth Multifamily Property
SOLD
$1,251,000
Massachusetts
See Similar DealsMultiFamily1,918 SF
Sold 04/16/2024
SOLD
Mark K Halloran Brokers $1.251M Sale Of Falmouth Multifamily Property
27 Meribah Lane
See Similar DealsMultiFamily1,918 SF
Sold 04/16/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$652
Total Square Footage:1,918 SF
Transaction Type:Sale
27 Meribah Ln in Falmouth, MA sold for $1.251 million, offering a two-family duplex in downtown Falmouth with each side featuring two bedrooms and one bath, totaling 1,918 square feet. The property is located minutes away from the harbor, Surf Drive beach, and Main Street restaurants.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,251,000
- Units: 2
- Price per Unit: $625,500
- Square Footage: 1,918
- Price per Square Foot: $652
- Address: 27 Meribah Lane
- Market: Falmouth, MA
- Broker: Mark K Halloran - Weichert Realtors
The sale of 27 Meribah Ln was facilitated by Mark K Halloran of Weichert Realtors, representing the parties involved in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,720.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,444.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,930.38
Annual Debt Service$71,164.54
Is there something missing? Send suggestions