Updated Dec 21, 2023
Good Boston Living Team Acquires Multifamily Property On Pondview Ave In Boston, MA
10 Pond View Avenue, Boston, Massachusetts 02130, United States
$2,100,000
$423/SF
Building Size
4,965 SF
Asset Type
MultiFamily
Closing
Mar 31, 2022
About this deal
AI
The multifamily property located at 10 Pondview Ave in Boston, MA has been sold for a total of $2,100,000. The property consists of 2 units, resulting in a per unit price of $1,050,000. The total square footage of the property is 4,965, with a price per square foot of $423.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Units: 2
- Price Per Unit: $1,050,000
- Square Footage: 4,965
- Price Per Square Foot: $423
- Date of Transaction: 04/01/2022
- Market: Boston, MA
- Buyer's Representative: Good Boston Living Team - Unlimited Sotheby's International Realty
- Seller's Representative: Ben Resnicow - Commonwealth Standard Realty Advisors
The buyer in this transaction was represented by the Good Boston Living Team from Unlimited Sotheby's International Realty. On the other hand, the seller was represented by Ben Resnicow from Commonwealth Standard Realty Advisors.
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93