Updated Sep 9, 2024
Premier Property Solutions Acquires Multifamily Property In Everett, MA For $1.2M
83 Norwood Street, Everett, Massachusetts 02149, United States
$1,200,000
$315/SF
Building Size
3,804 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
The multifamily property located at 83-85 Norwood in Everett, MA was recently sold. The sale took place on 04/29/2022. The property was sold for a total price of $1,200,000. It has a total square footage of 3,804, resulting in a price per square foot of $315.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 83-85 Norwood, Everett, MA
- Market: Everett, MA
- Buyer's Representative: Mark Giuliano - Premier Property Solutions, Llc
- Seller's Representative: Annemarie Torcivia - Trinity Real Estate
Mark Giuliano from Premier Property Solutions, Llc represented the buyer in this transaction. Annemarie Torcivia from Trinity Real Estate served as the seller's representative.
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