facebook
Traded Co logo
Submit

Gwen Washburn Acquires Multifamily Property In Topsfield For $1.5M

Property Image
SOLD
$1,500,000

Massachusetts

See Similar Deals
MultiFamily4,438 SF
Sold 12/08/2021
the dealplayerscompscontact
Property Image
SOLD

Gwen Washburn Acquires Multifamily Property In Topsfield For $1.5M

59 Main St, Topsfield, Massachusetts, USA

See Similar Deals
MultiFamily4,438 SF
Sold 12/08/2021
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$338
Total Square Footage:4,438 SF
Transaction Type:Sale

The multifamily property located at 59 Main St in Topsfield, MA has been sold for a price of $1,500,000. The property spans over 4,438 square feet, resulting in a price per square foot of $338.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Date: 12/08/2021
  • Address: 59 Main St, Topsfield, MA
  • Market: Topsfield, MA

The buyer's representative for this transaction was Gwen Washburn from Coldwell Banker Realty - Topsfield, while the seller's representative was Andrea O'Reilly from Keller Williams Realty Evolution.

Players

Gwen Washburn
1 deal$1.5M volume
BROKER

Andrea O'Reilly
Keller Williams Realty
1 deal$1.5M volume
BROKER

Details

SOLD
IMAGE: Andrea O'Reilly & Gwen Washburnv DATE: 12/08/2021 ADDRESS: 59 Main St MARKET: Topsfield, MA ASSET TYPE: Multifamily BUYER'S REP: Gwen Washburn - Coldwell Banker Realty - Topsfield SELLER'S REP: Andrea O'Reilly - Keller Williams Realty Evolution SALE PRICE: $1,500,000 SF: 4,438 ~ PPSF: $338

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$79,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18