Updated Dec 21, 2023
Coldwell Banker Realty - Gloucester Sells Rockport Multifamily Property For $1.25M
14 Mount Pleasant Street, Rockport, Massachusetts 01966, United States
$1,250,000
$334/SF
Building Size
3,735 SF
Asset Type
MultiFamily
Closing
Jan 20, 2021
About this deal
AI
A multifamily property located at 14 Mount Pleasant St in Rockport, MA was recently sold for $1,250,000. The property spans across 3,735 square feet, resulting in a price per square foot of $335. The sale took place on January 21, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 14 Mount Pleasant St
- Market: Rockport, MA
Gretchen Parker from Coldwell Banker Realty in Gloucester represented the parties involved in this transaction.
The multifamily sale at 14 Mount Pleasant Street, Rockport, Massachusetts 01966, United States in Rockport, Massachusetts sold for $1.3M in 2021. The building is 3,735 square feet, implying about 334 per square foot on the published price. Gretchen Parker, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Rockport, Massachusetts file for the 14 Mount Pleasant Street, Rockport, Massachusetts 01966, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Rockport sit in the Market section below. Filter that Rockport multifamily set by closing date to see what else sold near 14 Mount Pleasant Street, Rockport, Massachusetts 01966, United States around 2021. Published consideration for 14 Mount Pleasant Street, Rockport, Massachusetts 01966, United States is $1.3M, dated 2021. Cite this Coldwell Banker Realty - Gloucester Sells Rockport Multifamily Property For $1.25M sale when underwriting similar multifamily product around Rockport, Massachusetts.
Players
Rockport 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93