Thread Real Estate, LLC Acquires Multifamily Property In Boston, MA For $1.015M
107 Bloomfield Street, Boston, Massachusetts, USA
$1,015,000
$254/SF
Building Size
3,984 SF
Asset Type
MultiFamily
Closing
Jul 2, 2020
AI
The multifamily property located at 107 Bloomfield St in Boston, MA was recently sold for $1,015,000. This property has a total area of 3,984 square feet, resulting in a price per square foot of $255. The sale was completed on 07/02/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,015,000
- Address: 107 Bloomfield St, Boston, MA
- Market: Boston, MA
- Seller's Representative: Moises Morin-Martinez - Senné
- Buyer's Representative: Lynda Le - Thread Real Estate, LLC
Moises Morin-Martinez from Senné represented the seller in this transaction, while Lynda Le from Thread Real Estate, LLC represented the buyer.
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
15.63%
Cash-on-Cash
-4.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93