Updated Dec 4, 2024
Multifamily In Framingham, MA Sold For $1.93M With Matheus Goncalves & Whingryd Siqueira Salerno Of Mega Realty Services
6 Highland Street & 16 Highland Street
$1,930,000
$146/SF
Building Size
6,608 SF
Asset Type
MultiFamily
Closing
Jan 5, 2024
About this deal
AI
A multifamily property located at 6-16 Highland Street in Framingham, MA, has been sold for $1.93 million. The property consists of a total of 6,608 square feet. The price per square foot (PPSF) for this transaction was $292.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,930,000
- Address: 6-16 Highland Street, Framingham, MA
- Market: Framingham, MA
- Square Footage: 6,608
- Price per Square Foot (PPSF): $292
The sale of this multifamily property was facilitated by brokers Matheus Goncalves and Whingryd Siqueira Salerno from Mega Realty Services.
Players
Framingham 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
8.22%
Cash-on-Cash
-2.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93