Updated Dec 21, 2023
EXP Realty Acquires Multifamily Property In Boston, MA For $1.43M
114 Gladstone St, East Boston, Massachusetts 02128, United States
$1,435,000
$382/SF
Building Size
3,757 SF
Asset Type
MultiFamily
Closing
Jul 7, 2022
About this deal
AI
The multifamily property located at 114 Gladstone St in Boston, MA was recently sold. The transaction took place on 07/08/2022 with a sale price of $1,435,000. The property consists of 3 units, with an average price per unit of $478,333. The total square footage of the property is 3,757, resulting in a price per square foot of $382.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,435,000
- Units: 3
- Price per Unit: $478,333
- Square Footage: 3,757
- Price per Square Foot: $382
- Market: Boston, MA
The buyer's representative in this deal was Ngan Vien from EXP Realty. The seller's representatives were Dan Pouladian and Sara Pouladian from North Shore Realty Advisors.
On the Map
$1,435,000
$382/SF
MultiFamily
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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
11.05%
Cash-on-Cash
-3.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93