Peter Racheotes Of Rock Hill Residential Group Sells Multifamily Property In Boston For $1.085M
10 Bigelow Street
$1,085,000
$341/SF
Building Size
3,179 SF
Asset Type
MultiFamily
Closing
Jun 28, 2024
AI
The property at 10 Bigelow St, Boston, MA 02135, was sold for $1,085,000. This multifamily asset located in Oak Square, Brighton, consists of two large units and includes a 2-car detached garage. Positioned conveniently near public transportation, this property offers potential for developers and investors, boasting historic charm and spacious living spaces across 3,179 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,085,000
- Units: 2
- Price Per Unit: $542,500
- Square Footage: 3,179
- Price Per Square Foot: $341
- Market: Boston, MA
Peter Racheotes from Rock Hill Residential Group represented the parties in the transaction for the sale of 10 Bigelow Street in Boston, MA. As the broker overseeing the deal, Racheotes facilitated the successful negotiation and closing of this significant property transaction.
Brighton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.62%
Cash-on-Cash
-4.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93