Updated Sep 9, 2024
Boston Trust Realty Group Acquires Multifamily Property On Tanglewood Rd For $1M
10-12 Tanglewood Rd, Boston, Massachusetts, USA
$1,000,000
$277/SF
Building Size
3,600 SF
Asset Type
MultiFamily
Closing
Apr 15, 2021
About this deal
AI
The multifamily property located at 10-12 Tanglewood Rd in Boston, MA has been sold for a price of $1,000,000. The property spans across 3,600 square feet, resulting in a price per square foot of $278. The transaction took place on April 15, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 10-12 Tanglewood Rd, Boston, MA
- Market: Boston, MA
- Seller's Representative: Melissa Novaco - Troy & Associates, LLC
- Buyer's Representative: Nichols Realty Team - Boston Trust Realty Group
The seller's representative in this deal was Melissa Novaco from Troy & Associates, LLC. The buyer's representative was the Nichols Realty Team from Boston Trust Realty Group.
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93