Updated Dec 19, 2023
Tom Saab Real Estate Acquires Multifamily Property In Salisbury, MA For $1.1M
234 North End Boulevard, Salisbury, MA 01952, USA
$1,100,000
$374/SF
Building Size
2,937 SF
Asset Type
MultiFamily
Closing
Nov 19, 2021
About this deal
AI
The multifamily property located at 234 North End Blvd in Salisbury, MA has been sold for a total of $1,100,000. The property spans across 2,937 square feet, resulting in a price per square foot of $375.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 234 North End Blvd, Salisbury, MA
- Market: Salisbury, MA
The buyer, Deborah Hamel, represented by Tom Saab Real Estate, successfully closed the deal, while the seller, Rachel Abdulla Sayer, was represented by William Raveis Real Estate.
Players
Salisbury 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93