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610 Broadway

Annette Rodil And Carmine D'Andrea Sell Multifamily Property In Revere, MA For $1.1M
SOLDMultiFamily

Annette Rodil And Carmine D'Andrea Sell Multifamily Property In Revere, MA For $1.1M

610 Broadway

$1,141,000

$283/SF

Building Size

4,025 SF

Asset Type

MultiFamily

Closing

Oct 7, 2022

AI

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.

Players

Nicholas Daher

Broad Sound Real Estate

Broker

$41.6M

vol

13 deals

Broker

Watervliet MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.90%

Cash-on-Cash

-3.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93