Brian Mccaffrey & Michael Kuritnik Close $1.089M Deal On Multifamily Property In Boston
108 Harold Street
$1,089,000
$269/SF
Building Size
4,037 SF
Asset Type
MultiFamily
Closing
Apr 5, 2024
AI
A sturdy brick three-family residence at 108 Harold St, Boston, MA 02121, fetched $1.089 million in a recent sale on April 5, 2024. With a total square footage of 4,037, the property is located in the sought-after Washington Park area of Roxbury, offering a solid rental history and recent maintenance upgrades.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,089,000
- Market: Boston, MA
- Buyer's Rep: Brian Mccaffrey - Edward Perez
- Seller's Rep: Michael Kuritnik - Compass
Brian Mccaffrey represented the buyer in this transaction while Michael Kuritnik, from Compass, represented the seller. The sale of this property presents an ideal opportunity for owner-occupiers and investors alike, given its desirable location and strong rental performance.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.57%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93