Updated Dec 21, 2023
Ron J. Hoyl Acquires Office Building In Revere, MA For $5 Million
200 Lynnway, Revere, Massachusetts 02151, United States
$5,000,000
$1,095/SF
Building Size
4,565 SF
Asset Type
Office
Closing
May 8, 2022
About this deal
AI
An office building located at 200 Lynnway in Revere, MA has been sold in a transaction that closed on 05/09/2022. The property, spanning 4,565 square feet, was sold for a total price of $5,000,000, resulting in a price per square foot of $1,095.
Summary of transation details
- Property Type: Office Building
- Transaction Amount: $5,000,000
- Address: 200 Lynnway, Revere, MA
The buyer for this office building is Ron J. Hoyl, while the seller is Gennaro Jay Angiulo.
The office sale at 200 Lynnway, Revere, Massachusetts 02151, United States in Revere, Massachusetts sold for $5M in 2022. The building is 4,565 square feet, implying about 1.1K per square foot on the published price. This page is the Revere, Massachusetts file for the 200 Lynnway, Revere, Massachusetts 02151, United States office sold: pricing, party profiles, and other closed office comps from the same Revere sit in the Market section below. Filter that Revere office set by closing date to see what else sold near 200 Lynnway, Revere, Massachusetts 02151, United States around 2022. Published consideration for 200 Lynnway, Revere, Massachusetts 02151, United States is $5M, dated 2022. Cite this Ron J. Hoyl Acquires Office Building In Revere, MA For $5 Million sale when underwriting similar office product around Revere, Massachusetts.
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Revere Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93