MultiFamily Property In Norwood, MA Sold For $1.275M With Seller's Rep Greg Martin
SOLD
$1,275,000
Massachusetts
See Similar DealsMultiFamily3,480 SF
Sold 01/27/2023
SOLD
MultiFamily Property In Norwood, MA Sold For $1.275M With Seller's Rep Greg Martin
7 Atwood Avenue
See Similar DealsMultiFamily3,480 SF
Sold 01/27/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$366
Total Square Footage:3,480 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,529.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,044.15
Annual Debt Service$72,529.81
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