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12 Standish Street, Boston,...

RE/MAX Platinum Sells Multifamily Property In Boston For $1.025M With Buyer's Rep Zander Realty Group
SOLDMultiFamily

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

Kyle Zene-Moore

Broker

$1M

vol

1 deal

Broker

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