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Perlera Real Estate Sells Multifamily Property On Bennington St For $1.14M With Buyer's Rep Kristopher Gergler & Seller's Rep Arquimides Chinchilla
SOLD
$1,140,000
Massachusetts
See Similar DealsMultiFamily3,108 SF
Sold 11/01/2023
SOLD
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
See Similar DealsMultiFamily3,108 SF
Sold 11/01/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$366
Total Square Footage:3,108 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,799.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,050.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,404.18
Annual Debt Service$64,850.18
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