SOLDMultiFamily
Kathy Pappas & Michelle Fermin Handle $1.1M Multifamily Sale In Lawrence
152 Prospect Street
$1,100,000
$293/SF
Building Size
3,747 SF
Asset Type
MultiFamily
Closing
Jun 10, 2024
AI
In Lawrence, MA, a multifamily property located at 152 Prospect Street was sold for $1,100,000. The property spans 3,747 square feet, resulting in a price per square foot of $294.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 152 Prospect Street
- Market: Lawrence, MA
Kathy Pappas from Re/Max represented the buyer, while Michelle Fermin from Century 21 represented the seller in this transaction.
Players
Lawrence MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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