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Tatiana Diaz Of William Raveis Real Estate Represents Buyer In $1.353M Stoughton Multifamily Sale

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SOLD
$1,353,000

Massachusetts

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MultiFamily4,464 SF
Sold 09/09/2024
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Property Image
SOLD

Tatiana Diaz Of William Raveis Real Estate Represents Buyer In $1.353M Stoughton Multifamily Sale

34-36 Park Street

See Similar Deals
MultiFamily4,464 SF
Sold 09/09/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$303
Total Square Footage:4,464 SF
Transaction Type:Sale

A multifamily property located at 34-36 Park Street in Stoughton, MA, has been sold for $1,353,000. This turnkey asset spans 4,464 square feet and was built in 2014. It features four 2-bedroom, 2-bathroom units and includes eight off-street parking spaces, conveniently situated near major roadways and the MBTA’s Providence/Stoughton Line.

Summary of transaction details:

The deal included key representatives facilitating the transaction, with Tatiana Diaz representing the buyer and Jason Kulik representing the seller. Both are affiliated with established real estate agencies, ensuring a professional engagement throughout the deal process.

Players

Jason Kulik
11 deals$30.9M volume
BROKER

Tatiana Diaz
William Raveis Real Estate
1 deal$1.4M volume(617) 320-1726
BROKER

Details

SOLD
IMAGE: Tatiana Diaz & Jason Kulik DATE: 09/09/2024 ADDRESS: 34-36 Park Street MARKET: Stoughton, MA ASSET TYPE: Multifamily BUYER'S REP: Tatiana Diaz (@SoldbyTatiana) - William Raveis Real Estate (@WilliamRaveis) SELLER'S REP: Jason Kulik - Horvath & Tremblay SALE PRICE: $1,353,000 SF: 4,464 ~ PPSF: $303 NOTE: A turnkey multifamily property at 34-36 Park St, Stoughton, sold for $1.353M. Built in 2014, the property includes four 2-bedroom, 2-bathroom units, eight off-street parking spaces, and is conveniently located near major roadways and the MBTA’s Providence/Stoughton Line.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$72,160.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,806.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,413.91
Annual Debt Service$76,966.92