Updated Dec 19, 2023
Berkshire Hathaway HomeServices Acquires Single Family Home In Gloucester, MA For $4M
24 Eastern Point Blvd, Gloucester, MA 01930, USA
$4,000,000
$937/SF
Building Size
4,269 SF
Asset Type
Single Family Residence
Closing
Jul 22, 2020
About this deal
AI
The single-family property located at 24 Eastern Point Blvd in Gloucester, MA has been sold for $4,000,000. The property spans 4,269 square feet, resulting in a price per square foot of $937.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,000,000
- Square Footage: 4,269
- Price Per Square Foot: $937
- Address: 24 Eastern Point Blvd, Gloucester, MA
The seller was represented by Brackett Janis Group from Engel & Volkers By the Sea, while the buyer was represented by Elizabeth Darby from Berkshire Hathaway HomeServices Commonwealth Real Estate.
Gloucester Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $937 per square foot on a published $4M for 4,269 square feet (2020).
Visit Elizabeth Darby to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93