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Alp Kantar Of Boston Brokerage Group Represents Buyer In $1.6M Sale Of Multifamily Property In Boston
SOLD
Massachusetts
See Similar DealsMultiFamily4,101 SF
Sold 12/20/2023
SOLD
Alp Kantar Of Boston Brokerage Group Represents Buyer In $1.6M Sale Of Multifamily Property In Boston
12 Buttonwood Street
See Similar DealsMultiFamily4,101 SF
Sold 12/20/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$390
Total Square Footage:4,101 SF
Transaction Type:Sale
A multifamily property located at 12 Buttonwood Street in Boston has changed hands for a sale price of $1,600,000. The property has a total square footage of 4,101 and a price per square foot of $390.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Square Footage: 4,101
- Price Per Square Foot: $390
- Address: 12 Buttonwood Street, Boston, MA
- Market: Boston, MA
The sale was facilitated by Alp Kantar of Boston Brokerage Group, who represented the buyer in the transaction. On the seller's side, Gretchen Haase of Great Spaces Era provided representation. The involvement of these professionals ensured a successful sale of the multifamily property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
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