Updated Sep 5, 2024
$1.15M Multifamily Sale In Boston, MA On Elmhurst St With Wendy Rocca's Rep - Keller Williams Realty And Steve Achorn's Rep - NextHome Titletown
12 Elmhurst Street, Boston, Massachusetts, USA
$1,150,000
$270/SF
Building Size
4,257 SF
Asset Type
MultiFamily
Closing
Aug 23, 2020
About this deal
AI
Located at 12 Elmhurst St in Boston, MA, this multifamily property was recently sold in a closed transaction. The sale took place on August 23, 2021, with Wendy Rocca of Keller Williams Realty Boston Northwest representing the seller and Steve Achorn of NextHome Titletown acting as the buyer's representative. The property spans a total of 4,257 square feet and was sold for a price of $1,150,000, resulting in a price per square foot of $270.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 12 Elmhurst St, Boston, MA
- Market: Boston, MA
- Seller's Rep: Wendy Rocca - Keller Williams Realty Boston Northwest
- Buyer's Rep: Steve Achorn - NextHome Titletown
- Total Square Feet: 4,257
- Price per Square Foot: $270
This transaction involved Wendy Rocca of Keller Williams Realty Boston Northwest as the seller's representative and Steve Achorn of NextHome Titletown as the buyer's representative. Both individuals played crucial roles in facilitating the successful sale of this multifamily property on Elmhurst St. The deal was closed at a price of $1,150,000, and the property offers a total of 4,257 square feet of space.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93