Keller Williams Boston Metrowest Facilitates $1.5M Sale Of Multifamily Property In Framingham, MA
SOLD
$1,500,000
Massachusetts
See Similar DealsMultiFamily9,867 SF
Sold 12/03/2021
SOLD
Keller Williams Boston Metrowest Facilitates $1.5M Sale Of Multifamily Property In Framingham, MA
703 Central Street, Framingham, MA, USA
See Similar DealsMultiFamily9,867 SF
Sold 12/03/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$152
Total Square Footage:9,867 SF
Transaction Type:Sale
Located at 703 Central St in Framingham, MA, this multifamily property was recently sold for $1,500,000. The transaction took place on December 03, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,500,000
- Square Footage: 9,867
- Price per Square Foot: $152
- Address: 703 Central St, Framingham, MA
- Market: Framingham, MA
The sale was facilitated by Erica Antonio and Nancy Antonio, who represent Keller Williams Boston Metrowest.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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