Updated Dec 4, 2024
Ian Halpin Of Signal Real Estate Acquires Multifamily In Taunton For $1.49M
54 Longmeadow Road
$1,487,000
$242/SF
Building Size
6,145 SF
Asset Type
MultiFamily
Closing
Mar 14, 2024
About this deal
AI
A multifamily property located at 54 Longmeadow Road in Taunton, MA, was sold for $1,487,000. The property spans 6,145 square feet, resulting in a price per square foot of $242.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,487,000
- Address: 54 Longmeadow Road, Taunton, MA
- Market: Taunton, MA
- Buyer's Representative: Ian Halpin - Signal Real Estate
- Seller's Representative: Nicholas Medis - Re/Max Synergy
Ian Halpin of Signal Real Estate represented the buyer, while Nicholas Medis of Re/Max Synergy represented the seller in the transaction.
Players
Taunton 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
10.67%
Cash-on-Cash
-3.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93