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135 Readville Street

Multifamily Property In Hyde Park, MA Sells For $1.05M With Buyer's Rep Adam S Cutter & Seller's Rep Erin Birmingham Anadu
SOLDMultiFamily

Multifamily Property In Hyde Park, MA Sells For $1.05M With Buyer's Rep Adam S Cutter & Seller's Rep Erin Birmingham Anadu

135 Readville Street

$1,050,000

$344/SF

Building Size

3,048 SF

Asset Type

MultiFamily

Closing

Nov 17, 2023

AI

A multifamily property located at 135 Readville Street in Hyde Park, MA, has been sold. The transaction was facilitated by Adam S Cutter of Massachusetts Bay Realty Advisors, who represented the buyer, and Erin Birmingham Anadu of Brum & Company, who represented the seller. The sale price for the property was $1.05 million.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Address: 135 Readville Street, Hyde Park, MA
  • Square Footage: 3,048 SF
  • Price Per Square Foot: $344

Adam S Cutter of Massachusetts Bay Realty Advisors represented the buyer in this transaction. Erin Birmingham Anadu of Brum & Company served as the seller's representative. Together, they facilitated the successful sale of the multifamily property located at 135 Readville Street in Hyde Park, MA.

Players

Erin Birmingham Anadu

Brum & Company

Broker

$1.1M

vol

1 deal

Broker

Hyde Park 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93