Updated Dec 19, 2024
Real Broker Ma Acquires Multifamily Property On Beach Avenue In Hull, MA For $2.05M
119 Beach Avenue
$2,050,000
$464/SF
Building Size
4,414 SF
Asset Type
MultiFamily
Closing
Nov 21, 2023
About this deal
AI
A multifamily property located at 119 Beach Avenue in Hull, MA, has recently been sold for a total of $2,050,000. The transaction was facilitated by Charles King of Real BrokerMa, who represented the buyer, and Andrea Cohen of Charisma Realty, who represented the seller. The property spans a total of 4,414 square feet, resulting in a price per square foot of $464.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Address: 119 Beach Avenue
- Market: Hull, MA
Charles King of Real Broker Ma played a crucial role in representing the buyer during the transaction, while Andrea Cohen of Charisma Realty represented the seller. This deal highlights the successful collaboration between these industry professionals in the multifamily property market in Hull, MA.
Please note that no additional information is available at this time.
Players
Hull 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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93