facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

49-53 Highland Ave, Everett...

Laxmi Khanal Acquires Multifamily Property In Everett, MA For $2.125M
SOLDMultiFamily

Laxmi Khanal Acquires Multifamily Property In Everett, MA For $2.125M

49-53 Highland Ave, Everett, Massachusetts, USA

$2,125,000

$277/SF

Building Size

7,650 SF

Asset Type

MultiFamily

Closing

Sep 29, 2021

AI

Located at 49-53 Highland Ave in Everett, MA, this multifamily property was recently sold in a closed transaction. The property spans a total of 7,650 square feet and boasts a sale price of $2,125,000, resulting in a price per square foot of $278. Laxmi Khanal of Pathways represented the buyer in this transaction, while Ana M. Linnehan of Keller Williams Realty served as the seller's representative.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $2,125,000
  • Address: 49-53 Highland Ave, Everett, MA
  • Market: Everett, MA
  • Buyer's Representative: Laxmi Khanal - Pathways
  • Seller's Representative: Ana M. Linnehan - Keller Williams Realty
  • Square Footage: 7,650
  • Price per Square Foot: $278

This transaction involved Laxmi Khanal from Pathways representing the buyer and Ana M. Linnehan from Keller Williams Realty representing the seller. The deal was finalized on September 29, 2021, and the property's sale price reflects its market value.

Players

Laxmi Khanal

StartPoint Realty

Broker

$3.4M

vol

2 deals

Broker

Everett MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.46%

Cash-on-Cash

-2.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93