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132 Hancock Street

Multifamily Property in Everett, MA Sold For $1,010,000
SOLDMultiFamily

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

Rajit Shrestha

360 Realty

Broker

$3.1M

vol

3 deals

Broker

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