Updated Dec 18, 2023
Compass Broker Tristan Lush Facilitates $1.1M Sale Of North Andover Multifamily Property
20 Johnson Street, North Andover, Massachusetts 01845, United States
$1,100,000
$303/SF
Building Size
3,620 SF
Asset Type
MultiFamily
Closing
Apr 12, 2022
About this deal
AI
The multifamily property located at 18-20 Johnson St in North Andover, MA has been sold for a total price of $1,100,000. This property spans across 3,620 square feet with a price per square foot of $304.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Property Size: 3,620 square feet
- Price per Square Foot: $304
- Address: 18-20 Johnson St, North Andover, MA
- Market: North Andover, MA
The deal was facilitated by broker Tristan Lush of Compass, who represented the parties involved in the transaction.
Players
North Andover 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93