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
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