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25 Oakland Avenue

Keller Williams Acquires Multifamily Property At 25 Oakland Avenue In Everett, MA
SOLDMultiFamily

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

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

Danny Zheng

Keller Williams Realty

Broker

$27M

vol

19 deals

Broker

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