Shuyu Ma Purchases Multifamily Properties 34 Dean Street And 113 Park Street For $1.58M
SOLD
Massachusetts
See Similar DealsMultiFamily25,222 SF
Sold 08/26/2025
SOLD
Shuyu Ma Purchases Multifamily Properties 34 Dean Street And 113 Park Street For $1.58M
34 Dean Street & 113 Park Street
See Similar DealsMultiFamily25,222 SF
Sold 08/26/2025
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$62
Total Square Footage:25,222 SF
Transaction Type:Sale
The transaction involved two multifamily properties located at 34 Dean Street and 113 Park Street in Attleboro, MA. The total sale price for the assets was $1,580,000, with a total of 7 units and a square footage of 12,611. The price per unit was calculated at $225,714, while the price per square foot was $125.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,580,000
- Buyer: Shuyu Ma
- Seller: John Casaccio
- Brokers: Dan Pouladian & Alex Rice - Northshore Realty Advisors
- Units: 7
- Square Footage: 12,611
- Price Per Unit: $225,714
- Price Per Square Foot: $125
Northshore Realty Advisors acted as the exclusive agent representing the seller in this transaction, facilitating the sale of both properties in Attleboro, MA.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,266.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,613.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,490.01
Annual Debt Service$89,880.07
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