Updated Dec 21, 2023
Coldwell Banker Realty Manchester Acquires Single Family Home In Rockport, MA For $2.9M
121 Granite St, Rockport, MA 01966, USA
$2,900,000
$51/SF
Building Size
56,730 SF
Asset Type
Mixed-use
Closing
Oct 14, 2020
About this deal
AI
A single-family property located at 121 Granite Street in Rockport, MA has been sold for $2,900,000. The property spans a total area of 5,673 square feet, resulting in a price per square foot of $511.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,900,000
- Address: 121 Granite Street, Rockport, MA
- Market: Rockport, MA
- Square Footage: 5,673
- Price per Square Foot: $511
The seller was represented by McDermott & MacCarthy from Gibson Sotheby's International Realty, while the buyer was represented by Scott Smith from Coldwell Banker Realty Manchester.
Players
Rockport Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93