Dana & Casey Cho Acquire Multifamily Property On Cottage Street In Sharon For $675K
69 Cottage Street
$675,000
$174/SF
Building Size
3,866 SF
Asset Type
MultiFamily
Closing
Sep 28, 2023
AI
A multifamily property located at 69 Cottage Street in Sharon, MA was recently sold for a sale price of $675,000. The property spans 3,866 square feet, resulting in a price per square foot of $175. The transaction took place on 09/28/2023.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $675,000
- Square Footage: 3,866
- Price per Square Foot: $175
- Address: 69 Cottage Street, Sharon, MA
- Market: Sharon, MA
The buyer of the property was Dana & Casey Cho, while the seller was Donna Arnold. Ellen Liao from Coldwell Banker represented the buyer, and Nelson Otuechere from NCO Realty Group served as the seller's representative.
Players
Sharon 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
23.50%
Cash-on-Cash
-6.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93