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Multifamily Property In Everett, MA Sells For $1.2M, With Buyer's Rep Philip Chaves & Seller's Rep Norma Capuano Parziale

Property Image
SOLD
$1,200,000

Massachusetts

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MultiFamily4,003 SF
Sold 08/30/2023
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Property Image
SOLD

Multifamily Property In Everett, MA Sells For $1.2M, With Buyer's Rep Philip Chaves & Seller's Rep Norma Capuano Parziale

790 Broadway

See Similar Deals
MultiFamily4,003 SF
Sold 08/30/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$299
Total Square Footage:4,003 SF
Transaction Type:Sale

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

Philip Chaves
8 deals$10.5M volume
BROKER

Details

SOLD
IMAGE: Philip Chaves DATE: 08/30/2023 ADDRESS: 790 Broadway MARKET: Everett, MA ASSET TYPE: Multifamily BUYER'S REP: Philip Chaves - Advisors Living (@AdvisorsLiving) SELLER'S REP: Norma Capuano Parziale - JRS Properties, Inc. SALE PRICE: $1,200,000 SF: 4,003 ~ PPSF: $300 NOTE: A multifamily property located at 790 Broadway in Everett, MA, was successfully sold for $1.2 million. The transaction involved Philip Chaves from Advisors Living representing the buyer, and Norma Capuano Parziale from JRS Properties, Inc. representing the seller.

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
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