Updated Dec 4, 2024
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
Andover 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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93