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


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

120 London St, East Boston,...

Updated Oct 28, 2024

Havre St Apartments Llc Acquires Multifamily Property In East Boston For $1.2M
SOLDMultiFamily

Havre St Apartments Llc Acquires Multifamily Property In East Boston For $1.2M

120 London St, East Boston, Boston, Massachusetts, USA

$1,200,000

$358/SF

Building Size

3,344 SF

Asset Type

MultiFamily

Closing

Jul 1, 2021

About this deal

AI

The multifamily property located at 120 London St in East Boston, MA has been sold in a recent transaction. The property spans approximately 3,344 square feet and was sold for a price of $1,200,000, resulting in a price per square foot of $359. It consists of a total of 5 units, with each unit priced at $240,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 120 London St, East Boston, MA
  • Market: East Boston, MA
  • Seller: Cecilia Zabaleta
  • Buyer: Havre St Apartments Llc
  • Square Footage: 3,344
  • Price per Square Foot: $359
  • Number of Units: 5
  • Price per Unit: $240,000

Cecilia Zabaleta served as the seller in this transaction, while Havre St Apartments Llc acted as the buyer. The sale of this multifamily property highlights the active real estate market in East Boston, MA.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $358 per square foot on a published $1.2M for 3,344 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets