Updated Dec 4, 2024
Berkshire Hathaway HomeServices Facilitates $1.175M Multifamily Sale In Everett, MA
5 Timothy Avenue
$1,175,000
$291/SF
Building Size
4,038 SF
Asset Type
MultiFamily
Closing
Nov 13, 2023
About this deal
AI
A multifamily asset located at 5 Timothy Avenue in Everett, MA has been sold. The property was closed by Berkshire Hathaway HomeServices brokers Lee Divers, Lien Vuong, and Thuy Santos. The sale price for this transaction was $1,175,000. The property spans 4,038 square feet, resulting in a price per square foot of $291.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Address: 5 Timothy Avenue
- Market: Everett, MA
Berkshire Hathaway HomeServices brokers Lee Divers, Lien Vuong, and Thuy Santos played a crucial role in facilitating the sale of this multifamily asset in Everett, MA.
Players
Everett 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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93