Updated Dec 4, 2024
Scott Wheaton Acquires Multifamily Property In Stoughton, MA For $3.2M
284 School Street
$3,200,000
$475/SF
Building Size
6,730 SF
Asset Type
MultiFamily
Closing
Nov 17, 2023
About this deal
AI
An 11-unit multifamily property located at 284 School Street in Stoughton, MA has been sold for $3,200,000. The property spans 6,730 square feet, with each unit priced at $290,909. The sale price per square foot is $475.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Address: 284 School Street, Stoughton, MA
- Market: Stoughton, MA
The buyer in this transaction is Scott Wheaton, while Eric Sullivan is the seller. The brokers responsible for the deal are Steve Girolamo and Spencer Smith from Horvath & Tremblay.
Players
Stoughton 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93