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1072 Saratoga Street

Updated Dec 4, 2024

Multifamily Property In East Boston, MA Sold For $1.375M With Buyer's Rep Angelo Stifano & Seller's Rep Hunter Ware
SOLDMultiFamily

Multifamily Property In East Boston, MA Sold For $1.375M With Buyer's Rep Angelo Stifano & Seller's Rep Hunter Ware

1072 Saratoga Street

$1,375,000

$311/SF

Building Size

4,421 SF

Asset Type

MultiFamily

Closing

Dec 8, 2023

About this deal

AI

The multifamily property located at 1072 Saratoga Street in East Boston, MA, has been sold for a total price of $1,375,000. The property spans a total area of 4,421 square feet, resulting in a price per square foot (PPSF) of $311.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,375,000
  • Address: 1072 Saratoga Street, East Boston, MA
  • Market: East Boston, MA
  • Buyer's Representative: Angelo Stifano - Century 21 Mario Real Estate
  • Seller's Representative: Hunter Ware -Access
  • Square Footage: 4,421 SF
  • Price per Square Foot (PPSF): $311

In this transaction, Angelo Stifano of CENTURY 21 Mario Real Estate represented the buyer, while Hunter Ware of Access represented the seller. The deal signifies the successful sale of the multifamily property at 1072 Saratoga Street in East Boston, MA, for a significant price.

Players

Angelo Stifano

Century 21

Broker

$1.4M

vol

1 deal

Broker

East Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $311 per square foot on a published $1.4M for 4,421 square feet (2023).

Visit Century 21 to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.54%

Cash-on-Cash

-3.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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