Updated Dec 4, 2024
Rebecca Huang Of East West Real Estate Represents Buyer In $1.075M Marshfield Multifamily Sale
937 Webster Street
$1,075,000
$95/SF
Building Size
11,225 SF
Asset Type
MultiFamily
Closing
Apr 17, 2024
About this deal
AI
937 Webster St in Marshfield, MA, sold for $1.075 million, comprising two buildings with conversion potential. One building is approved for a two-bedroom single-family home, while the other offers mixed-use options with commercial space and approved plans for apartments and offices.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Address: 937 Webster Street
- Market: Marshfield, MA
- Square Footage: 11,225
- Price per Square Foot: $96
The buyer's representative in this deal was Rebecca Huang from East West Real Estate, while the seller was represented by Tucker Malmin from Cornerstone Real Estate.
Players
Marshfield 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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93