Updated Sep 9, 2024
Brianna G. Seppala - Beachside Properties Represents Buyer In $1.7M Orleans Multifamily Sale
96 Barley Neck Road, Orleans, Massachusetts 02653, United States
$1,675,000
$327/SF
Building Size
5,118 SF
Asset Type
MultiFamily
Closing
Feb 6, 2022
About this deal
AI
A multifamily property located at 96 Barley Neck Rd in Orleans, MA has been sold for a total price of $1,675,000. The property spans a total area of 5,118 square feet, resulting in a price per square foot of $327.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,675,000
- Address: 96 Barley Neck Rd, Orleans, MA
- Market: Orleans, MA
The buyer was represented by Brianna G. Seppala from Beachside Properties, while the seller was represented by Guy Tunnicliffe from Beach Road Properties.
Orleans 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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93