Updated Dec 4, 2024
Perlera Real Estate Sells Multifamily Property On Bennington St For $1.14M With Buyer's Rep Kristopher Gergler & Seller's Rep Arquimides Chinchilla
110 Bennington St
$1,140,000
$366/SF
Building Size
3,108 SF
Asset Type
MultiFamily
Closing
Nov 1, 2023
About this deal
AI
A multifamily property located at 110 Bennington St in East Boston, MA was successfully transacted for $1.14 million. The property spans 3,108 square feet, resulting in a price per square foot of $367.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,140,000
- Address: 110 Bennington St
- Market: East Boston, MA
- Buyer's Representative: Kristopher Gergler - Cameron Prestige
- Seller's Representative: Arquimides Chinchilla - Perlera Real Estate
Kristopher Gergler, from Cameron Prestige, represented the buyer in this transaction, while Arquimides Chinchilla, from Perlera Real Estate, worked as the seller's representative.
On the Map
$1,140,000
$366/SF
MultiFamily
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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
13.91%
Cash-on-Cash
-3.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93