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114 Prince St, Boston, Mass...

Gregory Mccarthy Acquires Multifamily Property On 114 Prince St For $1.475M
SOLDMultiFamily

Gregory Mccarthy Acquires Multifamily Property On 114 Prince St For $1.475M

114 Prince St, Boston, Massachusetts, USA

$1,475,000

$534/SF

Building Size

2,760 SF

Asset Type

MultiFamily

Closing

Jun 14, 2021

AI

The multifamily property located at 114 Prince St in Boston, MA has been sold. The property spans 2,760 square feet and was sold for a price of $1,475,000, resulting in a price per square foot of $534.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,475,000
  • Address: 114 Prince St, Boston, MA
  • Market: Boston, MA

The sellers of the property were Luigi Guarino and Karen M. Guarino. The buyer, Gregory Mccarthy, acquired the property through the transaction.

Players

Gregory McCarthy

Broker

$19.6M

vol

13 deals

Broker

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

10.75%

Cash-on-Cash

-3.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93