Updated Sep 9, 2024
Danny Zheng Acquires Multifamily Property In Everett, MA For $1.03M
29 Tufts Avenue, Everett, Massachusetts 02149, United States
$1,030,000
$315/SF
Building Size
3,267 SF
Asset Type
MultiFamily
Closing
Jan 6, 2022
About this deal
AI
The multifamily property located at 29-31 Tufts Ave in Everett, MA has been sold for a total price of $1,030,000. The property spans 3,267 square feet, resulting in a price per square foot of $315.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,030,000
- Address: 29-31 Tufts Ave, Everett, MA
- Market: Everett, MA
The buyer's representative in this deal was Danny Zheng from Keller Williams Realty, while the seller's representative was Carolline Silveira from M&A Real Estate Inc.
The multifamily sale at 29 Tufts Avenue, Everett, Massachusetts 02149, United States in Everett, Massachusetts sold for $1M in 2022. The building is 3,267 square feet, implying about 315 per square foot on the published price. Danny Zheng, Carolline Silveira, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Everett, Massachusetts file for the 29 Tufts Avenue, Everett, Massachusetts 02149, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Everett sit in the Market section below. Filter that Everett multifamily set by closing date to see what else sold near 29 Tufts Avenue, Everett, Massachusetts 02149, United States around 2022. Published consideration for 29 Tufts Avenue, Everett, Massachusetts 02149, United States is $1M, dated 2022. Cite this Danny Zheng Acquires Multifamily Property In Everett, MA For $1.03M sale when underwriting similar multifamily product around Everett, Massachusetts.
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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
15.40%
Cash-on-Cash
-4.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93