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127 Sylvan Street, Danvers,...

Francesca Little & Susan Schale Sell Multifamily Property In Danvers, MA For $1.5M
SOLDMultiFamily

Francesca Little & Susan Schale Sell Multifamily Property In Danvers, MA For $1.5M

127 Sylvan Street, Danvers, Massachusetts 01923, United States

$1,500,000

$390/SF

Building Size

3,845 SF

Asset Type

MultiFamily

Closing

Mar 20, 2022

AI

A multifamily property located at 127 Sylvan St in Danvers, MA was recently sold for $1,500,000. The property spans 3,845 square feet, resulting in a price per square foot of $390.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Address: 127 Sylvan St, Danvers, MA
  • Market: Danvers, MA

The buyer's representative for this transaction was Francesca Little from Little & Co., Realtors. On the other hand, Susan Schale from Churchill Properties represented the seller.

Players

Francesca Little

Little & Co

Broker

$15.1M

vol

7 deals

Broker

Danvers 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93