Updated Dec 21, 2023
Falmouth Fine Properties Acquires Multifamily Property In Falmouth, MA For $1.1M
39 Forest Avenue, Falmouth, Massachusetts 02540, United States
$1,100,000
$701/SF
Building Size
1,568 SF
Asset Type
MultiFamily
Closing
Feb 2, 2022
About this deal
AI
A multifamily property located at 39 Forest Ave in Falmouth, MA has been sold for a price of $1,100,000. The property spans 1,568 square feet, resulting in a price per square foot of $702. The transaction took place on 02/03/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 39 Forest Ave, Falmouth, MA
- Market: Falmouth, MA
Nadine Krasnow from Falmouth Fine Properties represented the buyer in this deal, while Livia Freitas Monteforte from Compass represented the seller.
Players
Falmouth 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93