Updated Dec 21, 2023
NA Realty Group Acquires Multifamily Property In Barnstable, MA For $1.3M
148 Cedar Street, Barnstable, Hyannis, Massachusetts, USA
$1,300,000
$269/SF
Building Size
4,821 SF
Asset Type
MultiFamily
Closing
May 25, 2020
About this deal
AI
A multifamily property located at 148 Cedar St in Barnstable, MA was recently sold for a total price of $1,300,000. The property spans 4,821 square feet, resulting in a price per square foot of $270. The transaction took place on May 25, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
The seller's representative in this deal was Laurie Bailey Gates from Coldwell Banker Realty - Beacon Hill. The buyer was represented by NA Realty Group from North Atlantic Realty Group.
Hyannis 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93