Updated Dec 4, 2024
Multifamily Property In Oxford, MA Sold For $1.225M With Buyer's Rep Sue Susi & Seller's Rep Topp Realtors By Rickman Realty
$1,225,000
$102/SF
Building Size
12,000 SF
Asset Type
MultiFamily
Closing
Dec 29, 2023
About this deal
AI
A multifamily property located at 63-69 Depot Road in Oxford, MA, has recently been sold for a transaction amount of $1.225 million. The property features a total square footage of 6,000, resulting in a price per square foot of $204.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,225,000
- Address: 63-69 Depot Road, Oxford, MA
- Market: Oxford, MA
- Buyer's Representative: Sue Susi - Northeast Properties
- Seller's Representative: Topp Realtors - OWN IT, by Rickman Realty
The sale was facilitated by Sue Susi from Northeast Properties, who represented the buyer, and Topp Realtors' OWN IT, by Rickman Realty, who represented the seller. The transaction highlights the successful collaboration between these brokerage firms in closing the deal.
Players
Market 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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93