Updated Dec 21, 2023
Thanh H. Lu Acquires Multifamily Property In Revere, MA For $1.18M
23 Endicott Avenue, Revere, MA 02151, USA
$1,180,000
$1/SF
Building Size
1,180,000 SF
Asset Type
MultiFamily
Closing
Oct 8, 2021
About this deal
AI
A multifamily property located at 23 Endicott Ave in Revere, MA has been sold for a price of $1,180,000. The property consists of four units, with a price per unit of $295,000. The total square footage of the property is 4,116, resulting in a price per square foot of $287.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,180,000
- Units: 4
- Price per Unit: $295,000
- Square Footage: 4,116
- Price per Square Foot: $287
Mark A. White represented the seller in this transaction, while Thanh H. Lu acted as the buyer.
Players
Revere 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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93