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39 Freeman Street, Framingh...

Updated Dec 21, 2023

Boston Realty Advisors Facilitates $1.01M Sale Of Multifamily Property On Freeman St, Framingham, MA
SOLDMultiFamily

Boston Realty Advisors Facilitates $1.01M Sale Of Multifamily Property On Freeman St, Framingham, MA

39 Freeman Street, Framingham, Massachusetts 01702, United States

$1,010,000

$228/SF

Building Size

4,420 SF

Asset Type

MultiFamily

Closing

Feb 24, 2022

About this deal

AI

A multifamily property located at 37-39 Freeman St in Framingham, MA has been sold. The property, with a total area of 4,420 square feet, was sold for a price of $1,010,000. The price per square foot for this transaction was $229.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,010,000
  • Address: 37-39 Freeman St
  • Market: Framingham, MA
  • Square Footage: 4,420

The sale of this multifamily property was facilitated by Kevin Benzinger from Boston Realty Advisors.

The multifamily sale at 39 Freeman Street, Framingham, Massachusetts 01702, United States in Framingham, Massachusetts sold for $1M in 2022. The building is 4,420 square feet, implying about 228 per square foot on the published price. Kevin Benzinger, Boston Realty Advisors appear on the sale alongside Boston Realty Advisors. This page is the Framingham, Massachusetts file for the 39 Freeman Street, Framingham, Massachusetts 01702, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Framingham sit in the Market section below. Filter that Framingham multifamily set by closing date to see what else sold near 39 Freeman Street, Framingham, Massachusetts 01702, United States around 2022. Published consideration for 39 Freeman Street, Framingham, Massachusetts 01702, United States is $1M, dated 2022. Cite this Boston Realty Advisors Facilitates $1.01M Sale Of Multifamily Property On Freeman St, Framingham, MA sale when underwriting similar multifamily product around Framingham, Massachusetts.

Players

Kevin Benzinger

Boston Realty Advisors

Broker

$478.4M

vol

38 deals

Broker

Framingham MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $228 per square foot on a published $1M for 4,420 square feet (2022).

Visit Kevin Benzinger to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.71%

Cash-on-Cash

-4.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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