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Ryan Foley Of Greater Metropolitan Real Estate Sells Multifamily In South Boston For $2.06M As Seller's Rep
SOLD
$2,058,600
Massachusetts
See Similar DealsMultiFamily2,492 SF
Sold 02/16/2024
SOLD
Ryan Foley Of Greater Metropolitan Real Estate Sells Multifamily In South Boston For $2.06M As Seller's Rep
100 H Street
See Similar DealsMultiFamily2,492 SF
Sold 02/16/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$826
Total Square Footage:2,492 SF
Transaction Type:Sale
A multifamily property situated at 100 H Street in South Boston, MA, was sold for $2,058,600. The transaction was facilitated by Ryan Foley of Greater Metropolitan Real Estate.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,058,600
- Address: 100 H Street
- Market: South Boston, MA
- Square Footage: 2,492
- Price per Square Foot: $826
Ryan Foley of Greater Metropolitan Real Estate played a significant role as the broker in the sale of the multifamily property. He effectively managed the transaction, ensuring a successful deal for all parties involved.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$109,792.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,313.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,758.81
Annual Debt Service$117,105.77
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