Updated Dec 4, 2024
Natalya Kamynina & Nhan Young Nguyen Facilitate $1.76M Sale Of Multifamily Asset In Boston
10 Bynner Street
$1,760,000
$382/SF
Building Size
4,600 SF
Asset Type
MultiFamily
Closing
May 20, 2024
About this deal
AI
10 Bynner Street in Boston, MA, is a 4-unit multifamily property that was recently sold for $1.76 million. The property features sensible floorplans, granite countertops, newer appliances, and offers 4,600 square feet of space.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,760,000
- Units: 4
- Price Per Unit: $440,000
- Square Footage: 4,600
- Price Per Square Foot: $383
- Address: 10 Bynner Street
- Market: Boston, MA
Natalya Kamynina and Nhan "Young" Nguyen from Leopold & McMasters were the brokers involved in facilitating the sale of the multifamily property at 10 Bynner Street. The property's sale highlights the demand for well-maintained multifamily units in Jamaica Plain, Boston.
Players
Jamaica Plain 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
9.01%
Cash-on-Cash
-2.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93