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22 Bray Street, Gloucester,...

Updated Dec 21, 2023

Sean Bakhtiari Of Fruh Realty Facilitates $1.34M Sale Of SFR On Bray St In Gloucester MA
SOLDSingle Family Residence

Sean Bakhtiari Of Fruh Realty Facilitates $1.34M Sale Of SFR On Bray St In Gloucester MA

22 Bray Street, Gloucester, MA, USA

$1,340,000

$277/SF

Building Size

4,824 SF

Asset Type

Single Family Residence

Closing

Jun 29, 2021

About this deal

AI

A 4,824 square foot single-family home located at 22 Bray St in Gloucester, MA, was recently sold in a closed transaction. The property, characterized by its contemporary design and abundant natural light, offered a harmonious blend of tranquility and self-sufficiency. The sale was facilitated by realtor Sean Bakhtiari from Fruh Realty, who successfully helped his clients navigate the highly competitive market.

Summary of transaction details:

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $1,340,000
  • Address: 22 Bray St, Gloucester, MA
  • Market: Gloucester, MA

Sean Bakhtiari, a representative from Fruh Realty, played a pivotal role in closing the deal. His expertise and dedication ensured a successful outcome for his clients. For more information or to get in touch with Sean Bakhtiari, you can reach him at 603.560.5357 or [email protected]. Additional details can also be found on his website at www.seanbakhtiari.com.

Players

Sean Bakhtiari

Broker

$2.4M

vol

2 deals

Broker

Gloucester Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $277 per square foot on a published $1.3M for 4,824 square feet (2021).

Visit Sean Bakhtiari to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.84%

Cash-on-Cash

-3.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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