facebook
Traded Co logo
Submit
Daily limit: 0/10

Matthew Petty & Simone Schettino Facilitate $1.1M Multifamily Sale In Everett, MA

Property Image
SOLD
$1,100,000

Massachusetts

See Similar Deals
MultiFamily3,032 SF
Sold 01/30/2024
the dealplayerscompscontact
Property Image
SOLD

Matthew Petty & Simone Schettino Facilitate $1.1M Multifamily Sale In Everett, MA

14 Marie Avenue

See Similar Deals
MultiFamily3,032 SF
Sold 01/30/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$362
Total Square Footage:3,032 SF
Transaction Type:Sale

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.

Players

Matthew Petty
11 deals$20.7M volume
BROKER

Simone Schettino
Century 21
2 deals$2.5M volume
BROKER

Details

SOLD
IMAGE: Matthew Petty & Simone Schettino DATE: 01/30/2024 ADDRESS: 14 Marie Avenue MARKET: Everett, MA ASSET TYPE: Multifamily BUYER'S REP: Matthew Petty - FRAME Residential (@FrameResidential) SELLER'S REP: Simone Schettino (@Simone_Schettino_Casas) - Century 21 (@c21ne) SALE PRICE: $1,100,000 SF: 3,032 ~ PPSF: $363 NOTE: A multifamily property located at 14 Marie Avenue in Everett, MA, was sold for $1.1 million. Matthew Petty of FRAME Residential represented the buyer, while Simone Schettino of Century 21 served as the seller's representative in the transaction.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$58,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73