Updated Dec 18, 2023
Century 21 Marella Realty Sells Multifamily Property In Hanover, MA For $1.2M
66 Broadway, Hanover, Massachusetts 02339, United States
$1,205,000
$336/SF
Building Size
3,586 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
The multifamily property located at 66 Broadway in Hanover, MA has been sold for a total of $1,205,000. The transaction took place on 04/29/2022, with a sale price of $336 per square foot. The property spans a total area of 3,586 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,205,000
- Address: 66 Broadway, Hanover, MA
- Market: Hanover, MA
- Buyer's Representative: Kristen Dailey - Success! Real Estate
- Seller's Representative: Michael Marella - Century 21 Marella Realty
- Price per Square Foot: $336
The buyer's representative in this transaction was Kristen Dailey from Success! Real Estate, while the seller's representative was Michael Marella from Century 21 Marella Realty.
Players
Hanover 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
13.16%
Cash-on-Cash
-3.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93