J & J Companies, Inc Acquires Multifamily Property In Boston, MA For $908,000
SOLD
$908,000
Massachusetts
See Similar DealsMultiFamily4,200 SF
Sold 05/27/2022
SOLD
J & J Companies, Inc Acquires Multifamily Property In Boston, MA For $908,000
13 Lambert St, Boston, MA 02119
See Similar DealsMultiFamily4,200 SF
Sold 05/27/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$216
Total Square Footage:4,200 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$48,426.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,225.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,304.38
Annual Debt Service$51,652.60
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