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680 Washington Street

Joseph Kelly Purchases Multifamily Asset From David Rufo In Walpole For $3.55M
SOLDMultiFamily

Joseph Kelly Purchases Multifamily Asset From David Rufo In Walpole For $3.55M

680 Washington Street

$3,550,000

$326/SF

Building Size

10,862 SF

Asset Type

MultiFamily

Closing

Jun 29, 2025

AI

The multifamily asset located at 680 Washington Street in Walpole, MA, has been sold for $3,550,000. The property comprises 15 units, with a price per unit of $236,666. The total square footage of the asset is 10,862, resulting in a price per square foot of $326.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,550,000
  • Units: 15
  • Price Per Unit: $236,666
  • Square Footage: 10,862
  • Price Per Square Foot: $326
  • Buyer: Joseph Kelly
  • Seller: David Rufo
  • Brokers: Dean Santangelo & Liz Errichetto - Coldwell Banker; Hunter J. Barron - Today Real Estate

The transaction involved key individuals including buyer Joseph Kelly and seller David Rufo, with representation from brokers Dean Santangelo and Liz Errichetto of Coldwell Banker, along with Hunter J. Barron of Today Real Estate, facilitating the sale process between both parties.

Players

Hunter J. Barron

Today Real Estate

Broker

$19.7M

vol

3 deals

Broker
Coldwell Banker
Coldwell BankerBrokerage

Walpole 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

4.47%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93