facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

1017 River St, Boston, Mass...

Boston Trust Realty Group Acquires Multifamily Property On River St In Boston For $797K
SOLDMultiFamily

Boston Trust Realty Group Acquires Multifamily Property On River St In Boston For $797K

1017 River St, Boston, Massachusetts, USA

$797,000

$120/SF

Building Size

6,606 SF

Asset Type

MultiFamily

Closing

Nov 5, 2021

AI

Located at 1017 River St in Boston, MA, this multifamily property was recently sold for a total price of $797,000. The sale was facilitated by brokers Robert Nichols and Julian Addy from Boston Trust Realty Group. The property consists of two units with a price per unit of $398,500. The total square footage of the property is 6,606, resulting in a price per square foot of $121.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $797,000
  • Units: 2
  • Price Per Unit: $398,500
  • Square Footage: 6,606
  • Price Per Square Foot: $121
  • Brokers: Robert Nichols & Julian Addy - Boston Trust Realty Group

The brokers, Robert Nichols and Julian Addy, played a key role in facilitating the sale of this multifamily property. They represented the buyer and seller, ensuring a successful transaction. With their expertise and knowledge of the Boston market, they were able to bring the deal to fruition.

Players

Julian Addy

William Raveis Real Estate

Broker

$19.7M

vol

22 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

19.90%

Cash-on-Cash

-5.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93