SOLDMultiFamily
Multifamily Property In Everett, MA Sells For $1.2M, With Buyer's Rep Philip Chaves & Seller's Rep Norma Capuano Parziale
790 Broadway
$1,200,000
$299/SF
Building Size
4,003 SF
Asset Type
MultiFamily
Closing
Aug 30, 2023
AI
A multifamily property located at 790 Broadway in Everett, MA, was successfully sold for $1.2 million. The property spans 4,003 square feet and was sold at a price-per-square-foot of $300.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Square Footage: 4,003 sqft
- Price per Square Foot: $300
- Address: 790 Broadway, Everett, MA
- Market: Everett, MA
The transaction involved Philip Chaves from Advisors Living representing the buyer, and Norma Capuano Parziale from JRS Properties, Inc. representing the seller.
Players
Everett 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93