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100 Eastern Point Boulevard...

Updated Dec 19, 2023

Engel & Volkers By The Sea Acquires Single Family Home In Gloucester For $3.63M
SOLDSingle Family Residence

Engel & Volkers By The Sea Acquires Single Family Home In Gloucester For $3.63M

100 Eastern Point Boulevard, Gloucester, MA, USA

$3,630,000

$1,566/SF

Building Size

2,317 SF

Asset Type

Single Family Residence

Closing

Nov 11, 2020

About this deal

AI

A single-family property located at 100 Eastern Point Boulevard in Gloucester, MA was recently sold for $3,630,000. The sale took place on November 12, 2020. The property spans a total of 2,317 square feet, resulting in a price per square foot of $1,567. The transaction was facilitated by Miller & Co. - Compass as the seller's representative and Gillian Harnish Bouchie from Engel & Volkers By the Sea as the buyer's representative.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $3,630,000
  • Date: 11/12/2020
  • Address: 100 Eastern Point Boulevard, Gloucester, MA
  • Market: Gloucester, MA
  • Seller's Rep: Miller & Co. - Compass
  • Buyer's Rep: Gillian Harnish Bouchie - Engel & Volkers By the Sea
  • SF: 2,317
  • PPSF: $1,567

The sale of this property showcases the involvement of esteemed brokerage companies in the transaction. Miller & Co. - Compass represented the seller, while Gillian Harnish Bouchie from Engel & Volkers By the Sea acted as the buyer's representative. This collaboration between the two brokerage firms ensured a successful sale within the Gloucester, MA market.

Players

Gillian Harnish Bouchie

Engel & Völkers

Broker

$3.6M

vol

1 deal

Broker

Gloucester Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.6K per square foot on a published $3.6M for 2,317 square feet (2020).

Visit Engel & Völkers to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.37%

Cash-on-Cash

-1.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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