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
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