Updated Dec 4, 2024
Norwood Multifamily Property Sold For $1.014M With Buyer's Rep Tom DeCarlo & Seller's Rep Pamela Varner
4-6 Washington Street
$1,014,900
$237/SF
Building Size
4,270 SF
Asset Type
MultiFamily
Closing
Oct 6, 2023
About this deal
AI
A multifamily property located at 4-6 Washington Street in Norwood, MA, was sold for $1,014,900. The property has a total square footage of 4,270 and a price per square foot of $238.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,014,900
- Address: 4-6 Washington Street, Norwood, MA
- Market: Norwood, MA
- Buyer's Representative: Tom DeCarlo - The Liberty Group - EXP Realty
- Seller's Representative: Pamela Varner - Costantino Realty Group
The transaction was represented by Tom DeCarlo of The Liberty Group at EXP Realty for the buyer and Pamela Varner of Costantino Realty Group for the seller.
Players
Norwood 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
15.63%
Cash-on-Cash
-4.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93