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57-63 Cordage Terrace, Plym...

Updated Dec 20, 2023

Realty Professionals Acquires Multifamily Property In Plymouth, MA For $1.16M
SOLDMultiFamily

Realty Professionals Acquires Multifamily Property In Plymouth, MA For $1.16M

57-63 Cordage Terrace, Plymouth, Massachusetts 02360, United States

$1,165,125

$253/SF

Building Size

4,590 SF

Asset Type

MultiFamily

Closing

May 8, 2022

About this deal

AI

Located at 57-63 Cordage Ter in Plymouth, MA, this multifamily property was recently sold. The transaction took place on 05/09/2022.

Summary of transation details

  • Property Type: Multifamily
  • Sale Price: $1,165,125
  • Square Footage: 4,590
  • Price per Square Foot: $254
  • Market: Plymouth, MA

The buyer was represented by Carol Eklund from Realty Professionals, while the seller was represented by Heather Reardon from Gibson Sotheby's International Realty.

The multifamily sale at 57-63 Cordage Terrace, Plymouth, Massachusetts 02360, United States in Plymouth, Massachusetts sold for $1.2M in 2022. The building is 4,590 square feet, implying about 253 per square foot on the published price. Heather Reardon, Carol Eklund, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Plymouth, Massachusetts file for the 57-63 Cordage Terrace, Plymouth, Massachusetts 02360, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Plymouth sit in the Market section below. Filter that Plymouth multifamily set by closing date to see what else sold near 57-63 Cordage Terrace, Plymouth, Massachusetts 02360, United States around 2022. Published consideration for 57-63 Cordage Terrace, Plymouth, Massachusetts 02360, United States is $1.2M, dated 2022. Cite this Realty Professionals Acquires Multifamily Property In Plymouth, MA For $1.16M sale when underwriting similar multifamily product around Plymouth, Massachusetts.

Players

Carol Eklund

Broker

$1.2M

vol

1 deal

Broker

Plymouth MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $253 per square foot on a published $1.2M for 4,590 square feet (2022).

Visit Sotheby's International Realty to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.61%

Cash-on-Cash

-3.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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