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4 Henchman Terrace

Updated Dec 4, 2024

Multifamily Property Sold For $1.65M At 4 Henchman Terrace Worcester With Broker Alisa Orciuch Waskevich
SOLDMultiFamily

Multifamily Property Sold For $1.65M At 4 Henchman Terrace Worcester With Broker Alisa Orciuch Waskevich

4 Henchman Terrace

$1,650,000

Units

8

Asset Type

MultiFamily

Closing

Aug 8, 2024

About this deal

AI

A newly constructed 8-unit building located at 4 Henchman Terrace in Worcester, MA, has been sold for $1.65 million. The property features one-bedroom units with modern amenities, providing a total of 8 units with a price per unit of $206,250.

Summary of transaction details:

The transaction was facilitated by broker Alisa Orciuch Waskevich, representing Waskevich Realty Group, marking a significant deal in the Worcester real estate market.

Players

Alisa Orciuch Waskevich

Waskevich Realty Group

Broker

$1.7M

vol

1 deal

Broker

Worcester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $206.3K per unit across 8 units on a published $1.7M (2024).

Visit Waskevich Realty Group to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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