Updated Dec 19, 2023
Century 21 North East Brokers $1.16M Multifamily Sale In Revere, MA
36 Sears Street, Revere, Massachusetts, USA
$1,160,000
$211/SF
Building Size
5,485 SF
Asset Type
MultiFamily
Closing
Apr 14, 2021
About this deal
AI
A multifamily property located at 36 Sears Street in Revere, MA, has been sold for $1,160,000. The property spans 5,485 square feet, resulting in a price per square foot of $211. The sale transaction took place on April 15, 2021. The property was listed by Phil Consolo of Century 21 North East.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Square Footage: 5,485
- Price per Square Foot: $211
- Date: April 15, 2021
- Address: 36 Sears Street, Revere, MA
- Broker: Phil Consolo - Century 21 North East
Phil Consolo, representing Century 21 North East, played a vital role in facilitating this transaction.
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
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93