RE/MAX Platinum Sells Multifamily Property In Boston For $1.025M With Buyer's Rep Zander Realty Group
12 Standish Street, Boston, Massachusetts, USA
$1,025,000
$239/SF
Building Size
4,272 SF
Asset Type
MultiFamily
Closing
Jun 25, 2020
AI
Located at 12 Standish St in Boston, Massachusetts, this multifamily property was recently sold on June 25, 2021. The sale transaction was facilitated by TJ Georges from RE/MAX Platinum, representing the seller, and Kyle Zene-Moore from Zander Realty Group, representing the buyer.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Address: 12 Standish St, Boston, MA
- Market: Boston, MA
- Seller's Rep: TJ Georges - RE/MAX Platinum
- Buyer's Rep: Kyle Zene-Moore - Zander Realty Group
- Square Footage: 4,272
- Price per Square Foot: $240
This successful transaction showcases the expertise of TJ Georges from RE/MAX Platinum and Kyle Zene-Moore from Zander Realty Group, who represented their respective clients in this deal. The property offers a generous amount of 4,272 square feet and was sold for a price of $1,025,000, resulting in a price per square foot of $240.
Players
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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93