Updated Dec 4, 2024
Keller Williams Acquires Multifamily Property At 25 Oakland Avenue In Everett, MA
25 Oakland Avenue
$1,250,000
$321/SF
Building Size
3,885 SF
Asset Type
MultiFamily
Closing
Dec 29, 2023
About this deal
AI
In Everett, MA, a multifamily property at 25 Oakland Avenue has been sold for $1.25 million. The property spans 3,885 square feet, resulting in a price per square foot of $322.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 25 Oakland Avenue
- Market: Everett, MA
Danny Zheng from Keller Williams represented the buyer, while Mark Medeiros from Cambridge Realty represented the seller in this transaction.
Note: Danny Zheng and Mark Medeiros acted as the buyer's and seller's representatives, respectively.
Players
Everett 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93