Updated Dec 21, 2023
R.S.B. Realty Brokers Rosanna Beauvais & John Beauvais Close $1.45M Sale Of Lynn, MA Multifamily Property
77 Lynn Shore Dr, Lynn, MA, USA
$1,450,000
$260/SF
Building Size
5,571 SF
Asset Type
MultiFamily
Closing
Oct 12, 2021
About this deal
AI
The multifamily property located at 77 Lynn Shore Dr in Lynn, MA has been sold. The transaction took place on 10/12/2021, with a sale price of $1,450,000. The property spans a total square footage of 5,571, resulting in a price per square foot of $260.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Address: 77 Lynn Shore Dr, Lynn, MA
- Market: Lynn, MA
The sale was facilitated by Rosanna Beauvais & John Beauvais from R. S. B. Realty. They acted as the brokers representing the parties involved in the deal.
Players
Lynn 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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93