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.
On the Map
$2,101,000
$110/SF
Single Family Residence
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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