Updated Dec 19, 2023
Kimberly O'Neil Mara Sells Multifamily Property In Boston, MA For $1.2M
594 E 2nd St, Boston, MA, USA
$1,200,000
$440/SF
Building Size
2,724 SF
Asset Type
MultiFamily
Closing
Jul 16, 2020
About this deal
AI
The multifamily property located at 594 E Second St in Boston, MA was recently sold. The transaction took place on July 16, 2021, with a sale price of $1,200,000. The property spans 2,724 square feet, resulting in a price per square foot of $441.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 594 E Second St, Boston, MA
- Market: Boston, MA
The seller was represented by Kimberly O'Neil Mara from Century 21 North East, while the buyer was represented by the Foley/Federico Team from Greater Metropolitan R. E.
Players
New Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93