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462 North Underwood Street,...

Updated Dec 21, 2023

Alfonso Realty Co. Acquires Multifamily Property In Fall River, MA For $1.375M
SOLDMultiFamily

Alfonso Realty Co. Acquires Multifamily Property In Fall River, MA For $1.375M

462 North Underwood Street, Fall River, MA 02720

$1,375,000

$167/SF

Building Size

8,200 SF

Asset Type

MultiFamily

Closing

Aug 4, 2020

About this deal

AI

The multifamily property located at 462 N Underwood St in Fall River, MA was recently sold for a total price of $1,375,000. The property spans approximately 8,200 square feet, resulting in a price per square foot of $168.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,375,000
  • Address: 462 N Underwood St, Fall River, MA
  • Market: Fall River, MA

Sandra Codner from Amaral & Associates RE represented the seller in this transaction, while Brian Phillips from Alfonso Realty Co. represented the buyer.

Players

Sandra Codner

Broker

$1.4M

vol

1 deal

Broker

Fall River MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $167 per square foot on a published $1.4M for 8,200 square feet (2020).

Visit Sandra Codner to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.54%

Cash-on-Cash

-3.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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