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Berkshire Hathaway HomeServices Acquires Multifamily Property In Everett, MA For $1.2M

Property Image
SOLD
$1,200,000

Massachusetts

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MultiFamily3,059 SF
Sold 12/19/2023
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Property Image
SOLD

Berkshire Hathaway HomeServices Acquires Multifamily Property In Everett, MA For $1.2M

12 Park Terrace

See Similar Deals
MultiFamily3,059 SF
Sold 12/19/2023
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$392
Total Square Footage:3,059 SF
Transaction Type:Sale

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

Dorothy Donna Petrella
1 deal$1.2M volume(617) 257-7200
BROKER

Kayann Rossetti
Cameron Real Estate Group
1 deal$1.2M volume(781) 439-0461
BROKER

Details

SOLD
IMAGE: Dorothy Donna Petrella & Kayann Rossetti DATE: 12/19/2023 ADDRESS: 12 Park Terrace MARKET: Everett, MA ASSET TYPE: Multifamily BUYER'S REP: Kayann Rossetti (@Kayann_Rossetti) - Cameron Real Estate Group (@CameronRealEstateGroup) SELLER'S REP: Dorothy Donna Petrella (@Dorothy.D.Petrella) - Berkshire Hathaway HomeServices (@BHHSRealEstate) SALE PRICE: $1,200,000 SF: 3,059 ~ PPSF: $392 NOTE: A multifamily property at 12 Park Terrace in Everett, MA, was acquired for $1.2 million, featuring buyer's representation by Kayann Rossetti of Cameron Real Estate Group and seller's representation by Dorothy Donna Petrella of Berkshire Hathaway HomeServices.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
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