Updated Dec 21, 2023
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
About this deal
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.
On the Map
$1,125,000
$190/SF
MultiFamily
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Lynn 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
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93