Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 127 Sylvan Street, Danvers, Massachusetts 01923, United States in Danvers, Massachusetts sold for $1.5M in 2022. The building is 3,845 square feet, implying about 390 per square foot on the published price. Susan Schale, Francesca Little, Little & Co appear on the sale alongside Little & Co. This page is the Danvers, Massachusetts file for the 127 Sylvan Street, Danvers, Massachusetts 01923, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Danvers sit in the Market section below. Filter that Danvers multifamily set by closing date to see what else sold near 127 Sylvan Street, Danvers, Massachusetts 01923, United States around 2022. Published consideration for 127 Sylvan Street, Danvers, Massachusetts 01923, United States is $1.5M, dated 2022. Cite this Francesca Little & Susan Schale Sell Multifamily Property In Danvers, MA For $1.5M sale when underwriting similar multifamily product around Danvers, Massachusetts.
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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