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Mark K Halloran Brokers $1.251M Sale Of Falmouth Multifamily Property

Property Image
SOLD
$1,251,000

Massachusetts

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MultiFamily1,918 SF
Sold 04/16/2024
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Property Image
SOLD

Mark K Halloran Brokers $1.251M Sale Of Falmouth Multifamily Property

27 Meribah Lane

See Similar Deals
MultiFamily1,918 SF
Sold 04/16/2024
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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

Mark K Halloran
2 deals$2.5M volume(508) 930-9330
BROKER

Details

SOLD
IMAGE: Mark K Halloran DATE: 04/16/2024 ADDRESS: 27 Meribah Lane MARKET: Falmouth, MA ASSET TYPE: Multifamily BROKER: Mark K Halloran - Weichert Realtors (@WeichertRealtors) SALE PRICE: $1,251,000 UNITS: 2 ~ PPU: $625,500 SF: 1,918 ~ PPSF: $652 NOTE: 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, minutes away from the harbor, Surf Drive beach, and Main Street restaurants.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,444.54
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