Updated Dec 4, 2024
Annie Wachtel Represents Seller In $1.6M Multifamily Sale In Nahant, MA
53-55 Willow Road
$1,600,000
$629/SF
Building Size
2,540 SF
Asset Type
MultiFamily
Closing
Mar 6, 2024
About this deal
AI
A multifamily property located at 53-55 Willow Road in Nahant, MA, was sold for $1,600,000. The property spans 2,540 square feet, resulting in a price per square foot of $630.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 53-55 Willow Road
- Market: Nahant, MA
Eugene Andrews from Ea Realty represented the buyer, while Annie Wachtel from Coldwell Banker represented the seller in the transaction.
The multifamily sale at 53-55 Willow Road in Nahant, Massachusetts sold for $1.6M in 2024. The building is 2,540 square feet, implying about 629 per square foot on the published price. Annie Wachtel, Eugene Andrews, Coldwell Banker, Ea Realty appear on the sale alongside Coldwell Banker, Ea Realty. This page is the Nahant, Massachusetts file for the 53-55 Willow Road multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Nahant sit in the Market section below. Filter that Nahant multifamily set by closing date to see what else sold near 53-55 Willow Road around 2024. Published consideration for 53-55 Willow Road is $1.6M, dated 2024. Cite this Annie Wachtel Represents Seller In $1.6M Multifamily Sale In Nahant, MA sale when underwriting similar multifamily product around Nahant, Massachusetts.
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Nahant 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93