Updated Dec 4, 2024
Berkshire Hathaway HomeServices Acquires Multifamily Property In Everett, MA For $1.2M
12 Park Terrace
$1,200,000
$392/SF
Building Size
3,059 SF
Asset Type
MultiFamily
Closing
Dec 19, 2023
About this deal
AI
A multifamily property located at 12 Park Terrace in Everett, MA, has been sold for a total of $1.2 million. The property spans across 3,059 square feet, resulting in a price per square foot of $392.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 12 Park Terrace, Everett, MA
The buyer's representative in this transaction was Kayann Rossetti from Cameron Real Estate Group. On the other side, representing the seller was Dorothy Donna Petrella from Berkshire Hathaway HomeServices.
It is important to note that the buyer's representative, Kayann Rossetti, provided their services on behalf of the buyer, while the seller's representative, Dorothy Donna Petrella, represented the seller in the deal.
Players
Everett 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93