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Liam P. Deeney & Robbie Lindo Transact Rockland Multifamily For $1.1M
SOLD
$1,100,000
Massachusetts
See Similar DealsMultiFamily4,085 SF
Sold 02/05/2024
SOLD
Liam P. Deeney & Robbie Lindo Transact Rockland Multifamily For $1.1M
MultiFamily4,085 SF
Sold 02/05/2024
Summary
Asset Type:MultiFamily
Price Per Square Foot:$269
Total Square Footage:4,085 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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