Updated Dec 21, 2023
Compass Acquires Boston Multifamily For $1.65M
10 Crescent Avenue, Boston, Massachusetts 02125, United States
$1,650,000
$465/SF
Building Size
3,548 SF
Asset Type
MultiFamily
Closing
May 26, 2022
About this deal
AI
Located in Boston, MA, the multifamily property located at 10 Crescent Ave has been sold in a recent transaction. The property spans over 3,548 square feet, with a price per square foot of $477, resulting in a sale price of $1,650,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Square Footage: 3,548
- Price per Square Foot: $477
- Address: 10 Crescent Ave, Boston, MA
- Market: Boston, MA
The buyer was represented by Eric Gould from Compass, while the seller was represented by Tony Pepdjonovic from Marcus & Millichap Real Estate Investment Services.
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93