Updated Sep 9, 2024
Keller Williams Realty Acquires Multifamily Property In Boston, MA For $1.15M
1 Shenandoah Street, Boston, Massachusetts, USA
$1,150,000
$343/SF
Building Size
3,353 SF
Asset Type
MultiFamily
Closing
Nov 19, 2021
About this deal
AI
A multifamily property located at 1 Shenandoah St in Boston, MA has recently been sold for a total price of $1,150,000. The property consists of 2 units, with a price per unit of $575,000. The total square footage of the property is 3,353, resulting in a price per square foot of $343.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 2
- Price Per Unit: $575,000
- Square Footage: 3,353
- Price Per Square Foot: $343
- Address: 1 Shenandoah St, Boston, MA
- Market: Boston, MA
The buyer in this transaction was represented by Kelly Fleming of Keller Williams Realty, while Eric Johnson of Compass acted as the seller's representative.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93