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126 Redlands Road

Updated Dec 4, 2024

Multifamily Property In West Roxbury, MA Sold For $1.1M With Brokers Gem Mutlu & Evan Roberts - EXP Realty
SOLDMultiFamily

Multifamily Property In West Roxbury, MA Sold For $1.1M With Brokers Gem Mutlu & Evan Roberts - EXP Realty

126 Redlands Road

$1,100,000

$343/SF

Building Size

3,200 SF

Asset Type

MultiFamily

Closing

Oct 4, 2023

About this deal

AI

A multifamily property located at 126 Redlands Road in West Roxbury, MA, was sold for $1,100,000. The property features a total square footage of 3,200, resulting in a price per square foot of $344.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Address: 126 Redlands Road, West Roxbury, MA
  • Market: West Roxbury, MA
  • Square Footage: 3,200
  • Price per Square Foot: $344
  • Brokers: Gem Mutlu & Evan Roberts - EXP Realty

The transaction was facilitated by brokers Gem Mutlu and Evan Roberts of EXP Realty. They played a pivotal role in managing the sale of this multifamily property located in West Roxbury, MA.

Players

Evan Roberts

EXP Realty

Broker

$1.1M

vol

1 deal

Broker

West Roxbury MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $343 per square foot on a published $1.1M for 3,200 square feet (2023).

Visit EXP Realty to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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