132 Marginal Street Multifamily Sells For $1.8M With Buyer's Rep Aleksandra Frasheri And Seller's Rep Thomas Mario
132 Marginal Street
$1,800,000
$661/SF
Building Size
2,720 SF
Asset Type
MultiFamily
Closing
Sep 13, 2023
AI
A multifamily property located at 132 Marginal Street in East Boston, MA, was sold for $1.8 million. This property spans 2,720 square feet and was sold at a price per square foot of $662.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Address: 132 Marginal Street, East Boston, MA
- Market: East Boston, MA
- Buyer's Representative: Aleksandra Frasheri, Nicoletta Longo, Shelly Tejeda & Shinika Spencer - CENTURY 21 Cityside
- Seller's Representative: Thomas Mario - CENTURY 21 Mario Real Estate
The buyer's representatives in this transaction were Aleksandra Frasheri, Nicoletta Longo, Shelly Tejeda, and Shinika Spencer from CENTURY 21 Cityside. They facilitated the purchase of the multifamily property at 132 Marginal Street. On the other side, the seller's representative was Thomas Mario from CENTURY 21 Mario Real Estate.
Players
East 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93