Updated Oct 28, 2024
Lowell Five Cent SVGS Acquires Mixed-Use Property At 433 Marlborough Street In Boston For $3.6M
433 Marlborough Street, Boston, Massachusetts, USA
$3,625,000
$772/SF
Building Size
4,695 SF
Asset Type
Mixed-use
Closing
Feb 11, 2021
About this deal
AI
The mixed-use property located at 433 Marlborough Street in Boston, MA has been sold for a price of $3,625,000. The property spans across 4,695 square feet, resulting in a price per square foot of $772. The sale took place on 02/12/2021.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,625,000
- Address: 433 Marlborough Street, Boston, MA
- Market: Boston, MA
- Seller: 433 Marlborough St T
- Buyer: Lowell Five Cent SVGS
During this transaction, the buyer, Lowell Five Cent SVGS, acquired the property from the seller, 433 Marlborough St T. The deal was successfully completed on 02/12/2021. The property is a mixed-use asset, combining residential and commercial spaces. Its prime location on Marlborough Street in Boston, MA adds to its appeal.
Players
Boston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.38%
Cash-on-Cash
-1.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93