Updated Dec 21, 2023
RCG Properties Acquires Multifamily Property In Hull, MA For $1M
475 Nantasket Avenue, Hull, MA 02045
$1,000,000
$189/SF
Building Size
5,292 SF
Asset Type
MultiFamily
Closing
Oct 13, 2021
About this deal
AI
The multifamily property located at 475 Nantasket Ave in Hull, MA was recently sold on October 13, 2021. The property spans 5,292 square feet and was sold for a total price of $1,000,000, resulting in a price per square foot of $189. The transaction was facilitated by brokers John Schwagerl and Scott Twadelle from RCG Properties.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 475 Nantasket Ave, Hull, MA
- Market: Hull, MA
- Square Footage: 5,292
- Price per Square Foot: $189
- Brokers: John Schwagerl & Scott Twadelle - RCG Properties
The successful sale of the multifamily property was made possible through the expertise and representation of John Schwagerl and Scott Twadelle from RCG Properties. Their involvement in the deal highlights their role as brokers in facilitating the transaction between the buyer and seller.
Players
Hull 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93