Updated Oct 29, 2024
Ezzi Property Group & Archer Acquisitions Acquire East Sandwich Multifamily For $1.55M
59 Ploughed Neck Road
$1,550,000
$172/SF
Building Size
9,000 SF
Asset Type
MultiFamily
Closing
Apr 21, 2022
About this deal
AI
A multifamily property located at 59 Ploughed Neck Rd in East Sandwich, MA has been sold for a price of $1,550,000. The property consists of 9 units with a total square footage of 9,000. The price per unit for this transaction is $172,222, while the price per square foot is $172.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 59 Ploughed Neck Rd, East Sandwich, MA
- Market: East Sandwich, MA
The buyer of the property is Ezzi Property Group and Archer Acquisitions, while the seller is Ploughed Neck Properties Inc. This transaction took place on 04/21/2022.
Players
East Sandwich 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93