Updated Dec 19, 2023
Mary Ann Cabral's Gibson Sotheby's Realty Sells Provincetown Multifamily For $4M
15 Tremont Street, Provincetown, Massachusetts 02657, United States
$4,000,000
$944/SF
Building Size
4,235 SF
Asset Type
MultiFamily
Closing
Oct 31, 2022
About this deal
AI
An multifamily property in Provincetown, MA was recently sold for a price of $4,000,000. The property, located at 15 Tremont St, has a total square footage of 4,235. The sale price per square foot was $945.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,000,000
- Address: 15 Tremont St
- Market: Provincetown, MA
- Broker: Mary Ann Cabral - Gibson Sotheby's International Realty
- Total Square Footage: 4,235
- Price per Square Foot: $945
Mary Ann Cabral from Gibson Sotheby's International Realty represented the buyer in this transaction.
Players
Provincetown 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93