Berkshire Hathaway HomeServices Acquires Revere Multifamily For $1.14M
SOLD
Massachusetts
See Similar DealsMultiFamily4,208 SF
Sold 05/07/2021
SOLD
Berkshire Hathaway HomeServices Acquires Revere Multifamily For $1.14M
41 Francis St, Revere, Massachusetts, USA
See Similar DealsMultiFamily4,208 SF
Sold 05/07/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$270
Total Square Footage:4,208 SF
Transaction Type:Sale
A multifamily property located at 41 Francis St in Revere, MA has been sold for a price of $1,140,000. The property spans across 4,208 square feet, resulting in a price per square foot of $271.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,140,000
- Address: 41 Francis St, Revere, MA
- Market: Revere, MA
The seller's representative in the transaction was Alexander Theocles from Berkshire Hathaway HomeServices Warren Residential. On the other hand, the buyer was represented by Shaundize Moosavizadeh from Coldwell Banker Realty - Back Bay.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,799.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,050.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,404.18
Annual Debt Service$64,850.18
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