Updated Dec 21, 2023
Bantry Way Brokerage LLC Acquires Multifamily Property In Revere, MA For $1.4M
262 Endicott Avenue, Revere, Ma, Usa
$1,435,000
$302/SF
Building Size
4,752 SF
Asset Type
MultiFamily
Closing
Oct 6, 2021
About this deal
AI
Located at 262 Endicott Ave in Revere, MA, this multifamily property was recently sold for a total price of $1,435,000. Spanning across an area of 4,752 square feet, the property offers a per square foot price of $302. The sale was facilitated by Christine Cannon Coughlin of Bantry Way Brokerage LLC.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,435,000
- Location: 262 Endicott Ave, Revere, MA
- Market: Revere, MA
- Broker: Christine Cannon Coughlin - Bantry Way Brokerage LLC
- Total SF: 4,752
- Price per SF: $302
The sale of this multifamily property at 262 Endicott Ave was successfully concluded with the assistance of Christine Cannon Coughlin, who represented the parties involved in the deal. The transaction highlights the value and potential of this property within the Revere, MA market.
Players
Revere 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
11.05%
Cash-on-Cash
-3.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93