facebook
Traded Co logo
Submit

RCG Properties Acquires Multifamily Property In Hull, MA For $1M

Property Image
SOLD
$1,000,000

Massachusetts

See Similar Deals
MultiFamily5,292 SF
Sold 10/13/2021
the dealplayerscompscontact
Property Image
SOLD

RCG Properties Acquires Multifamily Property In Hull, MA For $1M

475 Nantasket Avenue, Hull, MA 02045

See Similar Deals
MultiFamily5,292 SF
Sold 10/13/2021
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$189
Total Square Footage:5,292 SF
Transaction Type:Sale

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

3 deals$3.5M volume
BROKER

2 deals$2.3M volume
BROKER

Details

SOLD
IMAGE: 10/13/2021 ADDRESS: 475 Nantasket Ave MARKET: Hull, MA ASSET TYPE: Multifamily BROKERS: John Schwagerl & Scott Twadelle - RCG Properties SALE PRICE: $1,000,000 SF: 5,292 ~ PPSF: $189

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12