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34 Thurston Point Rd, Glouc...

McDermott & MacCarthy Acquires Single Family Home In Gloucester, MA For $2.1M
SOLDSingle Family Residence

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

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

Kathleen Sullivan

Broker

$4.8M

vol

3 deals

Broker

Gloucester Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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