Updated Dec 19, 2023
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.
Gloucester Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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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