MultiFamily Property In Norwood, MA Sold For $1.275M With Seller's Rep Greg Martin
7 Atwood Avenue
$1,275,000
$366/SF
Building Size
3,480 SF
Asset Type
MultiFamily
Closing
Jan 27, 2023
AI
A multi-family property located at 7 Atwood Avenue in Norwood, MA has recently been sold for a total price of $1,275,000. The property consists of 3 units, with each unit having a price per unit (PPU) of $425,000. The total square footage of the property is 3,480, resulting in a price per square foot (PPSF) of $366.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,275,000
- Units: 3
- Price per Unit (PPU): $425,000
- Square Footage: 3,480
- Price per Square Foot (PPSF): $366
The seller's representative in this deal was Greg Martin from Move Forward Real Estate.
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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93