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936 Central Street

Updated Sep 9, 2024

Multifamily In Framingham MA Sold For $1.1M With Coldwell Banker Brokers
SOLDMultiFamily

Multifamily In Framingham MA Sold For $1.1M With Coldwell Banker Brokers

936 Central Street

$1,110,000

$207/SF

Building Size

5,349 SF

Asset Type

MultiFamily

Closing

Aug 17, 2023

About this deal

AI

A multifamily property located at 936 Central Street in Framingham, MA, has been sold. The property, with a total square footage of 5,349, was purchased for a sale price of $1,110,000. This equates to a price per square foot (PPSF) of $208. The transaction was facilitated by Cynthia Grenham and David Ferrini of Coldwell Banker.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,110,000
  • Square Footage: 5,349
  • Price Per Square Foot (PPSF): $208
  • Address: 936 Central Street, Framingham, MA
  • Brokers: Cynthia Grenham and David Ferrini - Coldwell Banker

The sale of the multifamily property at 936 Central Street in Framingham, MA, was successfully completed by Cynthia Grenham and David Ferrini, who are brokers representing Coldwell Banker. Their expertise and negotiation skills played a crucial role in facilitating the transaction. This sale demonstrates their ability to close deals in the competitive real estate market of Framingham, MA.

Players

Cynthia Grenham

Coldwell Banker

Broker

$1.1M

vol

1 deal

Broker

Framingham MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $207 per square foot on a published $1.1M for 5,349 square feet (2023).

Visit David Ferrini to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.29%

Cash-on-Cash

-4.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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