Hancock Realty Group Sells Andover, MA Multifamily Property For $2.71M
22 Hidden Road, Andover, Massachusetts 01810, United States
$2,714,285
$243/SF
Building Size
11,159 SF
Asset Type
MultiFamily
Closing
Mar 30, 2022
AI
The sale of a multifamily property located at 22 Hidden Rd in Andover, MA has been completed. The transaction was handled by Sherri DiBarri of Hancock Realty Group. The property spans across 11,159 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $2,714,285
- Address: 22 Hidden Rd
- Market: Andover, MA
- Broker: Sherri DiBarri - Hancock Realty Group
Notable aspects of this transaction include the sale price of $2,714,285 and a price per square foot of $243.
Players
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
5.84%
Cash-on-Cash
-1.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93