Updated Dec 21, 2023
Steven Cohen & Bruce Withey Acquire Multifamily Property In Jamaica Plain, MA For $1.3M
10 Brewer Street, Jamaica Plain, MA, USA
$1,300,000
$530/SF
Building Size
2,449 SF
Asset Type
MultiFamily
Closing
Jan 19, 2021
About this deal
AI
Located at 10 Brewer Street in Jamaica Plain, MA, this recently sold multifamily property is an attractive asset in the real estate market. The property spans across 2,449 square feet and was sold for a price of $1,300,000, resulting in a price per square foot of $530.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 10 Brewer Street, Jamaica Plain, MA
- Market: Jamaica Plain, MA
The buyer of this property is Steven Cohen & Bruce Withey, while the seller is Stephen Richardson & Una Flood. This transaction took place on January 20, 2021. Bruce Withey & Steven Cohen represented themselves in the deal as the buyers' representatives.
On the Map
$1,300,000
$530/SF
MultiFamily
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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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93