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Sale · MultiFamily

Liam P. Deeney & Robbie Lindo Transact Rockland Multifamily For $1.1M
SOLDMultiFamily

Liam P. Deeney & Robbie Lindo Transact Rockland Multifamily For $1.1M

$1,100,000

$269/SF

Building Size

4,085 SF

Asset Type

MultiFamily

Closing

Feb 5, 2024

AI

In Rockland, MA, a multifamily property located at 3 Taunton Avenue was recently sold for $1,100,000. The property spans 4,085 square feet, resulting in a price per square foot of $269.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Address: 3 Taunton Avenue
  • Market: Rockland, MA

Liam P. Deeney from Deeney Real Estate facilitated the purchase as the buyer's representative, while Robbie Lindo of Jack Conway & Company oversaw the transaction on behalf of the seller.

Players

Robbie Lindo

Jack Conway & Company

Broker

$1.1M

vol

1 deal

Broker

Market 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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93