Updated Dec 21, 2023
Coldwell Banker Acquires Multifamily Property In Boston, MA For $2.5M
1 Harvard Place, Boston, Massachusetts 02129, United States
$2,542,000
$844/SF
Building Size
3,010 SF
Asset Type
MultiFamily
Closing
Jan 20, 2022
About this deal
AI
A multifamily property located at 1 Harvard Pl in Boston, MA has been sold for $2,542,000. The property spans 3,010 square feet, resulting in a price per square foot of $845.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,542,000
- Date: 01/21/2022
- Address: 1 Harvard Pl
- Market: Boston, MA
The buyer's representative in this deal was Mary Ann Barry from Coldwell Banker Realty - Northborough, while Nancy Roth from Gibson Sotheby's International Realty represented the seller.
The multifamily sale at 1 Harvard Place, Boston, Massachusetts 02129, United States in Boston, Massachusetts sold for $2.5M in 2022. The building is 3,010 square feet, implying about 844 per square foot on the published price. Mary Ann Barry, Nancy Roth, Sotheby's International Realty, Coldwell Banker appear on the sale alongside Sotheby's International Realty, Coldwell Banker. This page is the Boston, Massachusetts file for the 1 Harvard Place, Boston, Massachusetts 02129, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 1 Harvard Place, Boston, Massachusetts 02129, United States around 2022. Published consideration for 1 Harvard Place, Boston, Massachusetts 02129, United States is $2.5M, dated 2022. Cite this Coldwell Banker Acquires Multifamily Property In Boston, MA For $2.5M sale when underwriting similar multifamily product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.24%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93