Annette Rodil And Carmine D'Andrea Sell Multifamily Property In Revere, MA For $1.1M
SOLD
New York
See Similar DealsMultiFamily4,025 SF
Sold 10/07/2022
SOLD
Annette Rodil And Carmine D'Andrea Sell Multifamily Property In Revere, MA For $1.1M
610 Broadway
See Similar DealsMultiFamily4,025 SF
Sold 10/07/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$283
Total Square Footage:4,025 SF
Transaction Type:Sale
The multifamily property located at 610 Broadway in Revere, MA has been sold for a price of $1,141,000. The property consists of 4 units, with a price per unit of $285,250. The total square footage of the property is 4,025, with a price per square foot of $283.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,141,000
- Address: 610 Broadway, Revere, MA
- Market: Revere, MA
- Units: 4
- Price per Unit: $285,250
- Square Footage: 4,025
- Price per Square Foot: $283
The sellers of the property are Annette Rodil and Carmine D'Andrea. The transaction was facilitated by Nicholas Daher from Broad Sound Real Estate and Kyle D'Addieco from CityLight Homes.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,853.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,053.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,408.92
Annual Debt Service$64,907.07
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