Multifamily Property in Everett, MA Sold For $1,010,000
132 Hancock Street
$1,010,000
$278/SF
Building Size
3,633 SF
Asset Type
MultiFamily
Closing
Oct 31, 2023
AI
In Everett, MA, a multifamily property located at 132 Hancock Street was sold in a closed transaction. The property spans a total area of 3,633 square feet and was sold at a price of $1,010,000, resulting in a price per square foot of $278.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Address: 132 Hancock Street, Everett, MA
- Market: Everett, MA
The buyer in this transaction was represented by Rajit Shrestha of 360 Realty LLC, while the seller was represented by Alicia Louis, Jonathan Parker, and Sharon Kelley-Parrella of Re/Max Encore.
Note: This information represents a closed transaction on October 31, 2023.
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
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93