Elaine Leonard & Dory Noll Facilitate $1.25M Sale Of Milton Multifamily
71-73 Warren Avenue
$1,250,000
$358/SF
Building Size
3,492 SF
Asset Type
MultiFamily
Closing
Apr 25, 2024
AI
A two-family home located at 71-73 Warren Avenue in Milton, MA, was sold for $1,250,000. The property consists of 7 beds, 3 baths, spans 3,492 square feet, and was sold at a price of $358 per square foot. The transaction was facilitated by Elaine Leonard of Northland Residential Corp representing the buyer and Dory Noll of Coldwell Banker Realty representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Units: 2
- Price Per Unit: $625,000
- Square Footage: 3,492
- Price Per Square Foot: $358
- Address: 71-73 Warren Avenue, Milton, MA
- Market: Milton, MA
Elaine Leonard, from Northland Residential Corp, represented the buyer in this transaction. On the other hand, Dory Noll of Coldwell Banker Realty represented the seller of the two-family home in Milton. The property boasts modern amenities, including central AC and in-unit laundry, adding value to the sale.
Players
Milton 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93