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Nuage Real Estate Group Brokers Sale Of Multifamily Property In Everett, MA For $1.02M
SOLD
$1,021,000
Massachusetts
See Similar DealsMultiFamily2,696 SF
Sold 10/13/2023
SOLD
Nuage Real Estate Group Brokers Sale Of Multifamily Property In Everett, MA For $1.02M
18 Woodward Street
See Similar DealsMultiFamily2,696 SF
Sold 10/13/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$378
Total Square Footage:2,696 SF
Transaction Type:Sale
A multifamily property located at 18 Woodward Street in Everett, MA, has been sold for a total price of $1,021,000. The property spans a total area of 2,696 square feet and the price per square foot (PPSF) amounts to $379.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,021,000
- Address: 18 Woodward Street
- Market: Everett, MA
The sale of this multifamily property was brokered by Christie Xie from Nuage Real Estate Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,453.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,627.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,840.06
Annual Debt Service$58,080.73
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