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99 Williams Street

Updated Dec 4, 2024

Trevor Wissink-Adams Facilitates $5,512,000 Sale Of Condo In Jamaica Plain
SOLDDevelopment Site

Trevor Wissink-Adams Facilitates $5,512,000 Sale Of Condo In Jamaica Plain

99 Williams Street

$5,512,000

Building Size

Asset Type

Development Site

Closing

Apr 3, 2024

About this deal

AI

The property located at 99 Williams Street in Jamaica Plain, MA, was recently sold for $5,512,000. It was a development site that featured a building with six units, including five 3-bed, 2-bath units and one 1-bed, 1-bath unit. The 3-bed units ranged from 1,213 - 1,255 sq ft and were sold for $949,000 - $1,015,000, while the 1-bed unit encompassed 591 sq ft and was sold for $549,000.

Summary of transaction details:

  • Property Type: Development Site, Condos
  • Transaction Amount: $5,512,000
  • Address: 99 Williams Street
  • Market: Jamaica Plain, MA

Trevor Wissink-Adams from Adams & Co represented the transaction as the broker. The building's architecture design included front porches offering views of Williams Street and rear decks for the top two floors. All units in the building were sold at list price, with four of the 3-bed units coming with parking included.

Players

Trevor Wissink-Adams

Real Broker

Broker

$5.5M

vol

1 deal

Broker

Jamaica Plain Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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