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
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
East 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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93