Updated Dec 4, 2024
Matthew Petty & Simone Schettino Facilitate $1.1M Multifamily Sale In Everett, MA
14 Marie Avenue
$1,100,000
$362/SF
Building Size
3,032 SF
Asset Type
MultiFamily
Closing
Jan 30, 2024
About this deal
AI
A multifamily property located at 14 Marie Avenue in Everett, MA, was sold for $1.1 million. Spanning 3,032 square feet, the property was transacted at a price of $363 per square foot.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 14 Marie Avenue
- Market: Everett, MA
Matthew Petty of FRAME Residential represented the buyer in the sale of the multifamily property, while Simone Schettino from Century 21 was the seller's representative in the transaction.
The multifamily sale at 14 Marie Avenue in Everett, Massachusetts sold for $1.1M in 2024. The building is 3,032 square feet, implying about 362 per square foot on the published price. Simone Schettino, Matthew Petty, Century 21, FRAME Residential appear on the sale alongside Century 21, FRAME Residential. This page is the Everett, Massachusetts file for the 14 Marie Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Everett sit in the Market section below. Filter that Everett multifamily set by closing date to see what else sold near 14 Marie Avenue around 2024. Published consideration for 14 Marie Avenue is $1.1M, dated 2024. Cite this Matthew Petty & Simone Schettino Facilitate $1.1M Multifamily Sale In Everett, MA sale when underwriting similar multifamily product around Everett, Massachusetts.
On the Map
$1,100,000
$362/SF
MultiFamily
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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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93