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Abel Ribeiro Of Cameron Prestige Represents Buyer In $1M Everett Multifamily Sale
SOLD
$1,000,000
Massachusetts
See Similar DealsMultiFamily3,083 SF
Sold 05/23/2024
SOLD
Abel Ribeiro Of Cameron Prestige Represents Buyer In $1M Everett Multifamily Sale
91 Bucknam Street
See Similar DealsMultiFamily3,083 SF
Sold 05/23/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$324
Total Square Footage:3,083 SF
Transaction Type:Sale
A two-family home at 91 Bucknam St. in Everett sold for $1 million. The property features 4 beds, 3 baths, and 3,083 sq ft, including a backyard patio, large full basement, and a two-car garage. Unit 1 is occupied.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Units: 2
- Price Per Unit: $500,000
- Square Footage: 3,083
- Price Per Square Foot: $324
- Address: 91 Bucknam Street, Everett, MA
- Market: Everett, MA
The buyer's representative in this transaction was Abel Ribeiro from Cameron Prestige, while the seller's representative was Barb Cullen from Keller Williams.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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