Updated Dec 20, 2023
Lynn O'Neill Acquires Multifamily Property On Grand Avenue In Falmouth For $2.8M
456 Grand Avenue, Falmouth, Massachusetts, USA
$2,800,000
$792/SF
Building Size
3,533 SF
Asset Type
MultiFamily
Closing
Mar 4, 2021
About this deal
AI
A multifamily property located at 456 Grand Avenue in Falmouth, MA, was recently sold for a total price of $2,800,000. The property spans across 3,533 square feet, resulting in a price per square foot of $793.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Square Footage: 3,533
- Price per Square Foot: $793
- Address: 456 Grand Avenue, Falmouth, MA
- Market: Falmouth, MA
The seller's representative in this transaction was David Schwamb from Benchmark Cape Realty. On the other hand, Lynn O'Neill from Robert Paul Properties, Inc. acted as the buyer's representative.
On the Map
$2,800,000
$792/SF
MultiFamily
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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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93