Updated Dec 20, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property On Fifth Ave For $1.49M
33 Fifth Avenue, Webster, Massachusetts 01570, United States
$1,490,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 17, 2022
About this deal
AI
The multifamily property located at 31-33 Fifth Ave in Webster, MA has been sold for a price of $1,490,000. The sale was completed on 02/18/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,490,000
- Address: 31-33 Fifth Ave, Webster, MA
- Market: Webster, MA
Eric Franszen from Cedar Wood Realty Group represented the buyer in this transaction, while Kevin Curry from Berkshire Hathaway HomeServices Commonwealth Real Estate represented the seller.
The multifamily sale at 33 Fifth Avenue, Webster, Massachusetts 01570, United States in Webster, Massachusetts sold for $1.5M in 2022. 33 Fifth Avenue, Webster, Massachusetts 01570, United States is classified as Multifamily on Traded. Eric Franszen, Kevin Curry, Berkshire Hathaway HomeServices appear on the sale alongside Berkshire Hathaway HomeServices. This page is the Webster, Massachusetts file for the 33 Fifth Avenue, Webster, Massachusetts 01570, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Webster sit in the Market section below. Filter that Webster multifamily set by closing date to see what else sold near 33 Fifth Avenue, Webster, Massachusetts 01570, United States around 2022. Published consideration for 33 Fifth Avenue, Webster, Massachusetts 01570, United States is $1.5M, dated 2022. Cite this Berkshire Hathaway HomeServices Acquires Multifamily Property On Fifth Ave For $1.49M sale when underwriting similar multifamily product around Webster, Massachusetts.
Players
Webster MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.65%
Cash-on-Cash
-3.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93