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102 Devon Street, Boston, M...

Julian Addy Of Boston Trust Realty Group Sells Multifamily Property In Boston, MA For $1.2M
SOLDMultiFamily

Julian Addy Of Boston Trust Realty Group Sells Multifamily Property In Boston, MA For $1.2M

102 Devon Street, Boston, Massachusetts 02121, United States

$1,200,000

$303/SF

Building Size

3,960 SF

Asset Type

MultiFamily

Closing

Apr 26, 2022

AI

The multifamily property located at 102 Devon St in Boston, MA has been sold in a transaction facilitated by Julian Addy from Boston Trust Realty Group. The sale took place on 04/27/2022 for a price of $1,200,000. The property consists of 3 units with a price per unit of $400,000. It spans across 3,960 square feet, resulting in a price per square foot of $303.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 102 Devon St, Boston, MA
  • Market: Boston, MA

Julian Addy from Boston Trust Realty Group represented the parties involved in the transaction.

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

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93