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.
Players
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