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40 High Street

Updated Dec 4, 2024

Andover Multifamily Property Sold For $1.075M With Buyer's Rep Taylor Johnson & Seller's Rep Abigail Harris
SOLDMultiFamily

Andover Multifamily Property Sold For $1.075M With Buyer's Rep Taylor Johnson & Seller's Rep Abigail Harris

40 High Street

$1,075,000

$410/SF

Building Size

2,622 SF

Asset Type

MultiFamily

Closing

Aug 31, 2023

About this deal

AI

A multifamily property located at 40 High Street in Andover, MA, has been sold for a total price of $1,075,000. With a size of 2,622 square feet, the property was sold at an average rate of $410 per square foot.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,075,000
  • Address: 40 High Street, Andover, MA
  • Market: Andover, MA

The buyer's representative in this transaction was Taylor Johnson of Keller Williams, while the seller's representative was Abigail Harris of Coldwell Banker. It is worth noting that Abigail Harris assisted in the sale of the property at 40 High Street in Andover, MA, which ultimately sold for $1,075,000 with a price per square foot of $410.

Players

Abigail C. Harris

Coldwell Banker

Broker

$1.1M

vol

1 deal

Broker

Andover MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $410 per square foot on a published $1.1M for 2,622 square feet (2023).

Visit Coldwell Banker to view all their deals.

Browse Andover multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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