Updated Dec 4, 2024
Dianne Moore Of Leading Edge Real Estate Represents Buyer In 31 Sylvan Avenue Sale For $1.02M
31 Sylvan Avenue
$1,020,000
$398/SF
Building Size
2,561 SF
Asset Type
MultiFamily
Closing
Jul 22, 2024
About this deal
AI
A two-family home at 31 Sylvan Avenue in Wakefield, MA, has been sold for $1,020,000. The asset encompasses 2,561 square feet, featuring four bedrooms and three bathrooms, resulting in a price per unit of $510,000 and a price per square foot of $398.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Units: 2
- Square Footage: 2,561
- Price Per Unit: $510,000
- Price Per Square Foot: $398
Dianne Moore from Leading Edge Real Estate represented the buyer, while Jamie Conn from Classified Realty Group represented the seller in this transaction.
On the Map
$1,020,000
$398/SF
MultiFamily
View full map
Players
Wakefield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jamie Conn to view all their deals.
Browse Wakefield multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93