Updated Dec 21, 2023
Coldwell Banker Pat Shultz RE Brokers $2.04M Multifamily Sale In Provincetown, MA
25 Bangs Street, Provincetown, MA 02657
$2,040,000
$1,545/SF
Building Size
1,320 SF
Asset Type
MultiFamily
Closing
Aug 27, 2021
About this deal
AI
A multifamily property located at 25 Bangs St in Provincetown, MA was recently sold for a total price of $2,040,000. The property spans 1,320 square feet, resulting in a price per square foot of $1,545. The sale took place on 08/27/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,040,000
- Square Footage: 1,320
- Price per Square Foot: $1,545
The sale was facilitated by Mike Minore of Coldwell Banker Pat Shultz RE. Mike Minore represented the buyer or seller in the transaction.
Players
Provincetown 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
7.78%
Cash-on-Cash
-2.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93