Updated Dec 21, 2023
Lamacchia Realty Acquires Multifamily Property In Worcester, MA For $1.415M
312 Grafton Street, Worcester, Massachusetts 01604, United States
$1,415,000
$97/SF
Building Size
14,532 SF
Asset Type
MultiFamily
Closing
May 19, 2022
About this deal
AI
An multifamily property located at 312 Grafton St in Worcester, MA has been sold for a price of $1,415,000. The property spans across 14,532 square feet, resulting in a price per square foot of $97.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,415,000
- Address: 312 Grafton St, Worcester, MA
- Market: Worcester, MA
The buyer's representative in this transaction is Steven Pizzarella from Lamacchia Realty, Inc. The seller's representative is Maria Troka from A&E Realty Company.
The multifamily sale at 312 Grafton Street, Worcester, Massachusetts 01604, United States in Worcester, Massachusetts sold for $1.4M in 2022. The building is 14,532 square feet, implying about 97 per square foot on the published price. Steven Pizzarella, Maria Troka, Lamacchia Realty appear on the sale alongside Lamacchia Realty. This page is the Worcester, Massachusetts file for the 312 Grafton Street, Worcester, Massachusetts 01604, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Worcester sit in the Market section below. Filter that Worcester multifamily set by closing date to see what else sold near 312 Grafton Street, Worcester, Massachusetts 01604, United States around 2022. Published consideration for 312 Grafton Street, Worcester, Massachusetts 01604, United States is $1.4M, dated 2022. Cite this Lamacchia Realty Acquires Multifamily Property In Worcester, MA For $1.415M sale when underwriting similar multifamily product around Worcester, Massachusetts.
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Worcester 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
11.21%
Cash-on-Cash
-3.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93