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114 Prince St, Boston, Mass...

Updated Dec 21, 2023

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

About this deal

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.

The multifamily sale at 114 Prince St, Boston, Massachusetts, USA in Boston, Massachusetts sold for $1.5M in 2021. The building is 2,760 square feet, implying about 534 per square foot on the published price. Named participants on the 114 Prince St, Boston, Massachusetts, USA sale are Gregory McCarthy. This page is the Boston, Massachusetts file for the 114 Prince St, Boston, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 114 Prince St, Boston, Massachusetts, USA around 2021. Published consideration for 114 Prince St, Boston, Massachusetts, USA is $1.5M, dated 2021. Cite this Gregory Mccarthy Acquires Multifamily Property On 114 Prince St For $1.475M sale when underwriting similar multifamily product around Boston, Massachusetts.

Players

Gregory McCarthy

Broker

$19.6M

vol

13 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $534 per square foot on a published $1.5M for 2,760 square feet (2021).

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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

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