facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

traded

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

393 Beacon Street, Boston, ...

Cabot & Company Acquires Multifamily Property On Beacon St, Boston For $8M
SOLDMultiFamily

Cabot & Company Acquires Multifamily Property On Beacon St, Boston For $8M

393 Beacon Street, Boston, Massachusetts 02116, United States

$8,000,000

$777/SF

Building Size

10,293 SF

Asset Type

MultiFamily

Closing

Nov 1, 2022

AI

The multifamily property located at 393-395 Beacon St in Boston, MA has been sold for a total of $8,000,000. The transaction took place on 11/02/2022. With a total of 5 units, the price per unit comes to $1,600,000. The property spans across 10,293 square feet, resulting in a price per square foot of $777.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $8,000,000
  • Address: 393-395 Beacon St, Boston, MA
  • Market: Boston, MA
  • Units: 5
  • Price Per Unit: $1,600,000
  • Square Feet: 10,293
  • Price Per Square Foot: $777

In this transaction, Shelagh Brennan from Cabot & Company represented the buyer, while Paul Gleason from Fairfield Realty represented the seller.

Players

Paul Gleason

Broker

$57.2M

vol

6 deals

Broker
Cabot & Company
Cabot & CompanyBrokerage

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93