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657 Robbins Avenue, Dracut,...

Dracut Multifamily Sells For $920K With Broker Nick Jasinski
SOLDMultiFamily

Dracut Multifamily Sells For $920K With Broker Nick Jasinski

657 Robbins Avenue, Dracut, MA 01826

$920,000

$144/SF

Building Size

6,380 SF

Asset Type

MultiFamily

Closing

Dec 29, 2021

AI

The multifamily property located at 657 Robbins Ave in Dracut, MA has been sold for a price of $920,000. The transaction took place on 12/29/2021. The property consists of 6 units, with an average price per unit of $153,333. The total square footage of the property is 6,380, resulting in a price per square foot of $144.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $920,000
  • Units: 6
  • Price Per Unit: $153,333
  • Square Footage: 6,380
  • Price Per Square Foot: $144
  • Market: Dracut, MA

The sale of this multifamily property was facilitated by broker Nick Jasinski. He represented the parties involved in the transaction. Nick Jasinski works at his own agency.

Players

Nick Jasinski

Broker

$31.5M

vol

14 deals

Broker

Dracut 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

17.24%

Cash-on-Cash

-4.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93