Updated Dec 21, 2023
Coldwell Banker Realty Acquires Multifamily Asset In Boston, MA For $1.003M
1-3 Bearse Avenue, Boston, MA, USA
$1,003,000
$354/SF
Building Size
2,826 SF
Asset Type
MultiFamily
Closing
Mar 18, 2021
About this deal
AI
The multifamily property located at 1-3 Bearse Avenue in Boston, MA has been sold for a total price of $1,003,000. The transaction took place on March 19, 2021. The property spans a total area of 2,826 square feet, resulting in a price per square foot of $355.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,003,000
- Address: 1-3 Bearse Avenue, Boston, MA
- Square Footage: 2,826
- Price per Square Foot: $355
The seller's representative for this transaction was Martin Laird from Coldwell Banker Realty - Brookline. On the other hand, the buyer's representative was Michael Cherry from Coldwell Banker Realty - Milton.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Coldwell Banker to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.82%
Cash-on-Cash
-4.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93