Exp Realty Acquires Multifamily Property In Boston For $2.6M With Buyer's Rep Anthony Sabatino & Seller's Rep Jonathan Radford
109 Fulton Street, Boston, Massachusetts 02109, United States
$2,600,000
$536/SF
Building Size
4,843 SF
Asset Type
MultiFamily
Closing
Feb 7, 2022
AI
The multifamily property located at 109 Fulton St in Boston, MA was recently sold for $2,600,000. The property spans 4,843 square feet, resulting in a price per square foot of $537. The sale was facilitated by Jonathan Radford of Coldwell Banker Realty - Back Bay, representing the seller, and Anthony Sabatino of Exp Realty, representing the buyer.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Square Footage: 4,843
- Price per Square Foot: $537
- Date: 02/08/2022
- Market: Boston, MA
The buyer's representative, Anthony Sabatino, from Exp Realty, and the seller's representative, Jonathan Radford, from Coldwell Banker Realty - Back Bay, played instrumental roles in the successful completion of this sale.
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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93