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69 Cottage Street

Dana & Casey Cho Acquire Multifamily Property On Cottage Street In Sharon For $675K
SOLDMultiFamily

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

Nelson Otuechere

NCO Realty Group

Broker

$22.1M

vol

14 deals

Broker

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