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13 Lambert St, Boston, MA 0...

J & J Companies, Inc Acquires Multifamily Property In Boston, MA For $908,000
SOLDMultiFamily

J & J Companies, Inc Acquires Multifamily Property In Boston, MA For $908,000

13 Lambert St, Boston, MA 02119

$908,000

$216/SF

Building Size

4,200 SF

Asset Type

MultiFamily

Closing

May 26, 2022

AI

A multifamily property located at 13 Lambert St in Boston, MA has been sold for $908,000. The property spans 4,200 square feet, resulting in a price per square foot of $216. It consists of three units, with each unit having a price per unit of $302,667.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $908,000
  • Address: 13 Lambert St, Boston, MA
  • Market: Boston, MA

The buyer of the property is J & J Companies, Inc, represented by Heidy Barreiro. The seller is William M. Taylor. The transaction date is 05/27/2022.

Players

Heidy Barreiro

J & J Companies, Inc

Buyer

$5.3M

vol

6 deals

Buyer

William M. Taylor

Seller

$3.1M

vol

2 deals

Seller

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

17.47%

Cash-on-Cash

-4.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93