Updated Dec 21, 2023
Kennedy Real Estate Sells Multifamily Property In Provincetown, MA For $2.85M With Buyer's Rep Sarah Pechukas
6 Bangs Street, Provincetown, Massachusetts 02657, United States
$2,850,000
$1,020/SF
Building Size
2,794 SF
Asset Type
MultiFamily
Closing
Jul 31, 2022
About this deal
AI
The multifamily property located at 6 Bangs St in Provincetown, MA has been sold for $2,850,000. The property spans across 2,794 square feet with a price per square foot of $1,020. The sale took place on 08/01/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,850,000
- Address: 6 Bangs St
- Market: Provincetown, MA
Sarah Pechukas from William Raveis Real Estate - Eastham represented the buyer in this transaction, while Noreen E. Kennedy from Kennedy Real Estate represented the seller.
Provincetown 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
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93