Updated Dec 21, 2023
Exp Realty Acquires Multifamily Property In Boston, MA For $1.2M
11 Ranelegh Rd, Brighton, MA, USA
$1,200,000
$371/SF
Building Size
3,227 SF
Asset Type
MultiFamily
Closing
Apr 15, 2021
About this deal
AI
A multifamily property located at 11 Ranelegh Rd in Boston, MA has been sold for $1,200,000. The property spans across 3,227 square feet and was sold at a price of $372 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
The seller's representative in this transaction was Emmanuel Paul from Redfin Corp, while the buyer's representative was Samira Duran from Exp Realty.
Samira Duran from Exp Realty assisted the buyer in acquiring the multifamily property located at 11 Ranelegh Rd in Boston, MA. Emmanuel Paul from Redfin Corp represented the seller in this transaction.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93