Updated Dec 21, 2023
Rosen Realty Inc. Brokers $2.1M Multifamily Sale In Whitman, MA
576 South Avenue, Whitman, Massachusetts 02382, United States
$2,125,000
$212/SF
Building Size
9,999 SF
Asset Type
MultiFamily
Closing
Apr 24, 2022
About this deal
AI
The multifamily property located at 576 South Ave in Whitman, MA has been sold for a price of $2,125,000. The transaction took place on April 25, 2022. This property consists of 5 units, resulting in a price per unit of $425,000. The total square footage of the property is 9,999, with a price per square foot of $213.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,125,000
- Units: 5
- Price per Unit: $425,000
- Square Footage: 9,999
- Price per Square Foot: $213
- Address: 576 South Ave, Whitman, MA
- Market: Whitman, MA
The sale of this property was facilitated by Richard Rosen from Rosen Realty Inc.
Players
Whitman 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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93