Updated Dec 4, 2024
Multifamily Property At 65 & 85 Boreen Road In Eastham Sold For $1.84 Million
65 Boreen Road & 85 Boreen Road
$1,840,000
$310/SF
Building Size
2,960 SF
Asset Type
MultiFamily
Closing
Jul 8, 2024
About this deal
AI
A multi-family property located at 65 & 85 Boreen Road in Eastham, MA, has been sold. The asset encompasses a total of 2,960 square feet and was transacted at a price of $1,840,000, equating to a price per square foot of $622.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,840,000
- Square Footage: 2,960
- Address: 65 & 85 Boreen Road
- Market: Eastham, MA
- Price Per Square Foot: $622
The sale was brokered by Amy Harbeck of Compass, representing the interests involved in the transaction.
Players
Eastham 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
8.62%
Cash-on-Cash
-2.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93