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
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
16.52%
Cash-on-Cash
-4.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93