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Exit Bayside Realty Acquires Hyde Park MultiFamily Property On River Street For $1.075M
SOLD
Massachusetts
See Similar DealsMultiFamily4,320 SF
Sold 09/21/2023
SOLD
Exit Bayside Realty Acquires Hyde Park MultiFamily Property On River Street For $1.075M
679 River Street
See Similar DealsMultiFamily4,320 SF
Sold 09/21/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$248
Total Square Footage:4,320 SF
Transaction Type:Sale
A multifamily property located at 679 River Street in Hyde Park, MA has been sold for $1,075,000. The property spans across 4,320 square feet, resulting in a price per square foot of $249.
Summary of Transaction Details
- Property Type: MultiFamily
- Sale Price: $1,075,000
- Square Footage: 4,320
- Price per Square Foot: $249
- Address: 679 River Street, Hyde Park, MA
- Market: Hyde Park, MA
Margareth Sibrun, representing Exit Bayside Realty, acted as the buyer's representative in the transaction. On the other hand, Bruce Bradford of Coldwell Banker Realty - Easton played the role of the seller's representative.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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