Updated Sep 9, 2024
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
Framingham 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
14.29%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93