Ezzi Property Group Refinances Multifamily Property At 41 Armandine St, Boston For $900K
41 Armandine Street, Dorchester, Massachusetts 02124, United States
$900,000
$231/SF
Building Size
3,885 SF
Asset Type
MultiFamily
Closing
Apr 13, 2022
AI
Ezzi Property Group has recently refinanced a multifamily property located at 41 Armandine St in Boston, MA. The property consists of three units spanning a total of 3,885 square feet. The loan amount for this refinance transaction was $900,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $900,000
- Address: 41 Armandine St, Boston, MA
- Units: 3
- Square Footage: 3,885
Jake Cremmen from FinanceBoston represented Ezzi Property Group in this refinance deal.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93