Updated Dec 4, 2024
Multifamily Property In Marblehead, MA Sold For $1.31M With Buyer's Rep Charles A. Patsios & Seller's Rep Emily Coffin Gaffney - Coldwell Banker
$1,310,000
$448/SF
Building Size
2,923 SF
Asset Type
MultiFamily
Closing
Sep 8, 2023
About this deal
AI
A multifamily property located at 59 Gregory Street in Marblehead, Massachusetts, was transacted on September 8, 2023. The sale price and square footage of the property are not provided in the article.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,310,000
- SF: 2,923
- PPSF: $448
- Address: 59 Gregory Street
- Market: Marblehead, MA
The buyer's representative in the deal was Charles A. Patsios, while the seller's representative was Emily Coffin Gaffney from Coldwell Banker.
Multifamily Property In Marblehead, MA Sold For $1.31M With Buyer's Rep Charles A. Patsios & Seller's Rep Emily Coffin Gaffney - Coldwell Banker is logged as a multifamily sale on Traded (2023). The building is 2,923 square feet, implying about 448 per square foot on the published price. Emily Coffin Gaffney, Charles A. Patsios, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the market file for the Multifamily Property In Marblehead, MA Sold For $1.31M With Buyer's Rep Charles A. Patsios & Seller's Rep Emily Coffin Gaffney - Coldwell Banker multifamily sold: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Cite this Multifamily Property In Marblehead, MA Sold For $1.31M With Buyer's Rep Charles A. Patsios & Seller's Rep Emily Coffin Gaffney - Coldwell Banker sale when underwriting similar multifamily product.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.11%
Cash-on-Cash
-3.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93