George N. Vasvatekis & Mara E. Vasvatekis Sell Multifamily Property At 25 Broadway For $3.9M
25 Broadway
$3,900,000
$1,852/SF
Building Size
2,105 SF
Asset Type
MultiFamily
Closing
Sep 29, 2025
AI
25 Broadway is a multifamily property located in Siasconset, MA, featuring 2 units and encompassing a total of 2,105 square feet. The sale price for this asset was $3,900,000, resulting in a price per unit of $1,950,000 and a price per square foot of $1,852.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,900,000
- Units: 2
- Square Footage: 2,105
- Price Per Unit: $1,950,000
- Price Per Square Foot: $1,852
- Address: 25 Broadway
- Market: Siasconset, MA
George N. Vasvatekis and Mara E. Vasvatekis represented the sellers in this transaction. The sale is noteworthy, as it marks the highest sale ever recorded on Broadway in Siasconset. The property is described as a restored historic home with ocean views and modern comforts, indicating its unique market position.
Players
Siasconset MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93