Updated Dec 21, 2023
Ryan Kennedy & Courtney Wallace Acquire SFR In Boston, MA For $4.8M
14 Rutland Square, Boston, Massachusetts 02118, United States
$4,800,000
$1,217/SF
Building Size
3,943 SF
Asset Type
—
Closing
Dec 14, 2021
About this deal
AI
Located at 14 Rutland Sq in Boston, MA, this single-family residential property was recently sold in a closed transaction. With a size of 3,943 square feet, the property offers ample space for comfortable living. The sale took place on December 15, 2021, with a sale price of $4,800,000. This equates to a price per square foot of $1,217, showcasing the value of this sought-after property in the market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,800,000
- Buyer: Ryan Kennedy & Courtney Wallace
- Seller: Matthew C Klitus & Meghan Joyce
- Market: Boston, MA
The buyers in this transaction, Ryan Kennedy and Courtney Wallace, have acquired this desirable property. On the other side of the deal, Matthew C Klitus and Meghan Joyce served as the sellers. The transaction showcases the involvement of both parties and their representatives, ensuring a smooth and successful sale.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93