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21 Dowse Street

Updated Dec 4, 2024

Multifamily Property In Everett, MA Sold For $1.17M With Buyer's Rep The North Star Group
SOLDMultiFamily

Multifamily Property In Everett, MA Sold For $1.17M With Buyer's Rep The North Star Group

21 Dowse Street

$1,170,000

$321/SF

Building Size

3,637 SF

Asset Type

MultiFamily

Closing

Aug 24, 2023

About this deal

AI

A multifamily property located at 21 Dowse Street in Everett, MA, was sold for $1,170,000. The property consists of 3,637 square feet of space and was sold at a price per square foot of $322.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,170,000
  • Address: 21 Dowse Street
  • Market: Everett, MA

The buyer's representative in the deal was The North Star Group - Exp Realty, while the seller's representative was Sabbor Sheikh - Coldwell Banker.

The multifamily sale at 21 Dowse Street in Everett, Massachusetts sold for $1.2M in 2023. The building is 3,637 square feet, implying about 321 per square foot on the published price. Sabbor Sheikh, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Everett, Massachusetts file for the 21 Dowse Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Everett sit in the Market section below. Filter that Everett multifamily set by closing date to see what else sold near 21 Dowse Street around 2023. Published consideration for 21 Dowse Street is $1.2M, dated 2023. Cite this Multifamily Property In Everett, MA Sold For $1.17M With Buyer's Rep The North Star Group sale when underwriting similar multifamily product around Everett, Massachusetts.

On the Map

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$1,170,000

$321/SF

MultiFamily

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Players

Sabbor Sheikh

Coldwell Banker

Broker

$4.7M

vol

4 deals

Broker

Everett MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $321 per square foot on a published $1.2M for 3,637 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.56%

Cash-on-Cash

-3.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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