Weichert Realtors & DeSimone Realty Facilitate $1.3M Multifamily Sale In Madison
9 Centre Street
$1,299,900
Building Size
—
Asset Type
MultiFamily
Closing
May 7, 2024
AI
The property located at 9 Centre Street in Madison spans 0.27 acres and was recently transacted for a sale price of $1,299,900. The buyer was represented by Constantina Pantazopoulos and Katherine Catanzaro from Weichert Realtors, while the seller was represented by Adrienne Desimone from DeSimone Realty.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,299,900
- Address: 9 Centre Street
- Market: Madison
- Buyer's Rep: Constantina Pantazopoulos & Katherine Catanzaro - Weichert Realtors
- Seller's Rep: Adrienne Desimone - DeSimone Realty
Constantina Pantazopoulos and Katherine Catanzaro from Weichert Realtors represented the buyer, while the seller, Adrienne Desimone, was represented by DeSimone Realty in the property transaction at 9 Centre Street. The successful deal highlights the collaboration between these experienced real estate professionals in the Madison market.
Players
Madison MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93