Updated Sep 9, 2024
Boston Trust Realty Group Acquires Multifamily Property On Hancock St For $1.21M
128 Hancock St, Boston, MA, USA
$1,210,000
$256/SF
Building Size
4,716 SF
Asset Type
MultiFamily
Closing
Aug 31, 2021
About this deal
AI
The multifamily property located at 128 Hancock St in Boston, MA was recently sold for a total price of $1,210,000. The transaction took place on August 31, 2021 and was facilitated by Robert Nichols, a broker from Boston Trust Realty Group, representing MIG Realty. The property is a valuable asset in the real estate market of Boston.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,210,000
- Address: 128 Hancock St, Boston, MA
- Market: Boston, MA
Robert Nichols from Boston Trust Realty Group, representing MIG Realty, played a crucial role in the successful completion of this transaction. Their expertise and experience in the Boston real estate market contributed to the smooth sale of the multifamily property at 128 Hancock St. The involvement of reputable brokers like Robert Nichols ensures a reliable and efficient process for both buyers and sellers.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.11%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93