facebook

traded

+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

50 Astor Street, Lynn, Mass...

Coldwell Banker First Quality Realty Acquires Multifamily Property In Lynn, MA For $1.125M
SOLDMultiFamily

Coldwell Banker First Quality Realty Acquires Multifamily Property In Lynn, MA For $1.125M

50 Astor Street, Lynn, Massachusetts 01905, United States

$1,125,000

$190/SF

Building Size

5,901 SF

Asset Type

MultiFamily

Closing

Feb 27, 2022

AI

The multifamily property located at 50 Astor St in Lynn, MA has been sold for a price of $1,125,000. The property spans an area of 5,901 square feet, resulting in a price per square foot of $191. The transaction took place on February 28, 2022.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,125,000
  • Square Footage: 5,901
  • Price Per Square Foot: $191
  • Address: 50 Astor St, Lynn, MA
  • Market: Lynn, MA

Evelyn Dongo from Coldwell Banker First Quality Realty represented the buyer in this transaction, while Van T. Son from Mass Broker Services represented the seller.

Players

Evelyn Dongo

Coldwell Banker

Broker

$2.4M

vol

2 deals

Broker

Lynn 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

14.10%

Cash-on-Cash

-4.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93