Updated Dec 19, 2023
McDermott & MacCarthy Acquires Single Family Home In Gloucester, MA For $2.1M
34 Thurston Point Rd, Gloucester, MA 01930, USA
$2,101,000
$110/SF
Building Size
19,020 SF
Asset Type
Single Family Residence
Closing
Sep 2, 2020
About this deal
AI
Located at 34 Thurston Point Road in Gloucester, MA, this single-family property was recently sold for a price of $2,101,000. Spanning across 1,902 square feet, this home was purchased at an average price of $1,105 per square foot.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,101,000
- Square footage: 1,902
- Price per square foot: $1,105
- Seller's Representative: Kathleen Sullivan - RE/MAX
- Buyer's Representative: McDermott & MacCarthy - Gibson Sotheby's International Realty
Kathleen Sullivan from RE/MAX represented the seller in this transaction, while McDermott & MacCarthy from Gibson Sotheby's International Realty acted as the buyer's representative. The deal was successfully closed, further showcasing the expertise and professionalism of these real estate professionals.
Players
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93