Quintess Real Estate Facilitates $1.89M Multifamily Sale In Boston, MA
SOLD
$1,890,000
Massachusetts
See Similar DealsMultiFamily4,330 SF
Sold 10/25/2021
SOLD
Quintess Real Estate Facilitates $1.89M Multifamily Sale In Boston, MA
124-126 Kenrick St, Boston, Massachusetts, USA
See Similar DealsMultiFamily4,330 SF
Sold 10/25/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$436
Total Square Footage:4,330 SF
Transaction Type:Sale
The multifamily property located at 124-126 Kenrick St in Boston, MA has been sold for a price of $1,890,000. The transaction took place on October 25, 2021. The property spans an area of 4,330 square feet, resulting in a price per square foot of $436. The sale was facilitated by Yanling Zeng from Quintess Real Estate.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,890,000
- Date: 10/25/2021
- Address: 124-126 Kenrick St, Boston, MA
- Market: Boston, MA
Yanling Zeng from Quintess Real Estate acted as the broker for this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$100,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,714.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,959.56
Annual Debt Service$107,514.77
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