Updated Dec 21, 2023
Deb On The Web Realty Group Acquires Multifamily Property In Everett, MA For $1.175M
57 Pearl Street, Everett, Massachusetts 02149, United States
$1,175,000
$330/SF
Building Size
3,561 SF
Asset Type
MultiFamily
Closing
Dec 28, 2021
About this deal
AI
A multifamily property located at 57 Pearl St in Everett, MA was recently sold for $1,175,000. The property spans 3,561 square feet, resulting in a price per square foot of $330. The sale took place on 12/28/2021 and was facilitated by the broker Deb On The Web Realty Group from RE/MAX Andrew Realty Services, represented by Jill McTague and Daria Zavarelli.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Address: 57 Pearl St, Everett, MA
- Square Footage: 3,561
- Price per Square Foot: $330
- Market: Everett, MA
- Broker: Deb On The Web Realty Group - RE/MAX Andrew Realty Services - Jill McTague & Daria Zavarelli
During the transaction, Jill McTague and Daria Zavarelli represented Deb On The Web Realty Group from RE/MAX Andrew Realty Services. This successful sale highlights the demand for multifamily properties in Everett, MA, and the expertise of the involved brokers in navigating such deals.
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