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
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