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.
On the Map
$1,205,000
$336/SF
MultiFamily
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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