Updated Sep 5, 2024
Jarvid Cortes Acquires SFR In Rocky Neck, Gloucester, MA For $1.4M
24 Wonson Street, Gloucester, Massachusetts 01930, United States
$1,400,000
$339/SF
Building Size
4,125 SF
Asset Type
—
Closing
Dec 10, 2021
About this deal
AI
A single-family home located at 24 Wonson St in Rocky Neck, Gloucester, MA, recently changed ownership. The property, which spans approximately 4,125 square feet, was sold for a final price of $1,400,000. The transaction took place on 12/10/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,400,000
- Asking Price: $1,275,000
- Square Footage: 4,125
- Price per Square Foot: $3,394
The buyer and seller were represented by Jarvid Cortes from Keller Williams Realty Evolution. For further information, Jarvid Cortes can be contacted via email at [email protected].
Gloucester CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $339 per square foot on a published $1.4M for 4,125 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93