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28 Janvrin Avenue, Revere, ...

Mark Sciaraffa - Century 21 Seaport Sells Multifamily Property In Revere, MA For $960,000
SOLDMultiFamily

Mark Sciaraffa - Century 21 Seaport Sells Multifamily Property In Revere, MA For $960,000

28 Janvrin Avenue, Revere, Massachusetts 02151, United States

$960,000

$235/SF

Building Size

4,075 SF

Asset Type

MultiFamily

Closing

Jan 31, 2022

AI

Located in Revere, MA, a multifamily property at 28 Janvrin Ave recently changed hands in a closed transaction. The property, spanning 4,075 square feet, consists of two units. The sale price for this transaction was $960,000, resulting in a per unit price of $480,000. The price per square foot was calculated at $236.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $960,000
  • Address: 28 Janvrin Ave
  • Market: Revere, MA
  • Units: 2
  • Price per Unit: $480,000
  • Total Square Footage: 4,075
  • Price per Square Foot: $236

The buyer in this transaction was represented by Samyr Rojas. On the seller's side, Mark Sciaraffa of Century 21 Seaport represented the property. These key individuals and their respective agencies played an instrumental role in the successful completion of the deal.

Players

Mark Sciaraffa

Century 21

Broker

$5.1M

vol

6 deals

Broker

Revere 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

16.52%

Cash-on-Cash

-4.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93