Updated Sep 9, 2024
Multifamily Property In Provincetown, MA Sold For $3.31M With Broker Brett Holmes - Kinlin Grover Compass
30 Commercial Street, Provincetown, MA 02657
$3,310,000
$1,261/SF
Building Size
2,624 SF
Asset Type
MultiFamily
Closing
May 19, 2023
About this deal
AI
A multifamily property located at 30 Commercial Street in Provincetown, MA was sold for $3,310,000. The property consists of 2,624 square feet, resulting in a price per square foot of $1,264.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,310,000
- Square Footage: 2,624
- Price per Square Foot: $1,264
- Address: 30 Commercial Street, Provincetown, MA
- Market: Provincetown, MA
Brett Holmes of Kinlin Grover Compass represented the parties involved in the transaction.
The multifamily sale at 30 Commercial Street, Provincetown, MA 02657 in Boston, Massachusetts sold for $3.3M in 2023. The building is 2,624 square feet, implying about 1.3K per square foot on the published price. Brett Holmes, Compass appear on the sale alongside Compass. This page is the Boston, Massachusetts file for the 30 Commercial Street, Provincetown, MA 02657 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 30 Commercial Street, Provincetown, MA 02657 around 2023. Published consideration for 30 Commercial Street, Provincetown, MA 02657 is $3.3M, dated 2023. Cite this Multifamily Property In Provincetown, MA Sold For $3.31M With Broker Brett Holmes - Kinlin Grover Compass sale when underwriting similar multifamily product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.79%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93