Updated Jan 13, 2026
John Bertolon Acquires Multifamily Property At 28 School Street Rockport For $1.335M
28 School Street
$1,335,000
$522/SF
Building Size
2,555 SF
Asset Type
MultiFamily
Closing
Nov 12, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 28 School Street, Rockport, MA. The sale price of the property was $1,335,000, and it encompasses a total square footage of 2,555, leading to a price per square foot of $522.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,335,000
- Address: 28 School Street
- Market: Rockport, MA
- Square Footage: 2,555
- Price per Square Foot: $522
- Buyer: John Bertolon
- Broker: Nicholas Zolotas - Herrick Lutts Realty Partners
Nicholas Zolotas represented the buyer, John Bertolon, in this transaction, showcasing the brokerage's involvement in facilitating the sale of the multifamily asset.
On the Map
$1,335,000
$522/SF
MultiFamily
View full map
Players
Rockport MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Nicholas (Nick) Zolotas to view all their deals.
Browse Rockport multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.88%
Cash-on-Cash
-3.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93