Updated Dec 4, 2024
Multifamily Property In Danvers, MA Sells For $1.15M With Buyer's Rep James Damico & Seller's Rep Joanie Purinton
180 Conant Street
$1,150,000
$338/SF
Building Size
3,393 SF
Asset Type
MultiFamily
Closing
Jan 16, 2024
About this deal
AI
In Danvers, MA, a multifamily property situated at 180 Conant Street was sold for $1,150,000. The property spans 3,393 square feet, resulting in a price per square foot of $339.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 180 Conant Street
- Market: Danvers, MA
The buyer, represented by James Damico from Century 21 North East, acquired the property. On the other hand, Joanie Purinton from River Valley Real Estate represented the seller in this transaction.
Note: James Damico from Century 21 North East and Joanie Purinton from River Valley Real Estate played crucial roles as the buyer's and seller's representatives respectively in the sale of this multifamily property located at 180 Conant Street, Danvers, MA.
Players
Danvers 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93