Updated Feb 24, 2025
Jerome Duval Acquires Maverick St Property From Joseph Donovan In East Boston, MA For $2.1M
173A Maverick Street, Boston, MA, USA
$2,100,000
$813/SF
Building Size
2,583 SF
Asset Type
Co-Op
Closing
Jul 28, 2021
About this deal
AI
Located in East Boston, MA, the property at 173 A, 175 A, & 177 A Maverick St has been sold in a recent transaction. The asset comprises both residential and commercial units, offering a versatile mix for potential buyers. The sale, which took place on 07/29/2021, saw the property change hands from Joseph Donovan, the seller, to Jerome Duval, the buyer.
Summary of transation details
- Property Type: Residential & Commercial
- Transaction Amount: $2,100,000
- Square Footage: 2,583
- Price per Square Foot: $813
- Units: 3
- Price per Unit: $700,000
The transaction has resulted in a sale price of $2,100,000, with a total square footage of 2,583. The property comprises three units, acquiring a price per unit of $700,000. This deal presents an opportunity for the buyer, Jerome Duval, to invest in a property that offers both residential and commercial spaces.
Players
Boston Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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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