Gregory Mccarthy Acquires Multifamily Property On 114 Prince St For $1.475M
SOLD
$1,475,000
Massachusetts
See Similar DealsMultiFamily2,760 SF
Sold 06/15/2021
SOLD
Gregory Mccarthy Acquires Multifamily Property On 114 Prince St For $1.475M
114 Prince St, Boston, Massachusetts, USA
See Similar DealsMultiFamily2,760 SF
Sold 06/15/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$534
Total Square Footage:2,760 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$78,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,240.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,992.25
Annual Debt Service$83,907.03
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