Sean Packard & Jefri Liriano Acquires Multifamily Property In Boston, MA For $1.2M
108-110 Howland St, Boston, Massachusetts, USA
$1,200,000
$258/SF
Building Size
4,650 SF
Asset Type
MultiFamily
Closing
Oct 21, 2021
AI
Located at 108-110 Howland St in Boston, MA, this multifamily property was recently sold in a transaction handled by Sean Packard of Centre Realty Group, representing the buyer, and The Liriano Team of Keller Williams, representing the seller.
Summary of Transaction Details:
- Property Type: Multifamily
- Sale Price: $1,200,000
- Units: 3
- Price per Unit: $400,000
- Square Footage: 4,650
- Price per Square Foot: $258
The transaction took place on October 21, 2021. The property consists of three units with a total square footage of 4,650. The sale price for this multifamily asset was $1,200,000, resulting in a price per unit of $400,000. The price per square foot was calculated at $258, indicating the value of each square foot of space in the property.
Representing the buyer, Sean Packard acted on behalf of Centre Realty Group, while The Liriano Team from Keller Williams represented the seller in this transaction.
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