Aybarus Ulus Acquires 4-Unit Multifamily Property In Boston For $910K
137 Falcon Street, Boston, Massachusetts 02128, United States
$910,000
$171/SF
Building Size
5,319 SF
Asset Type
MultiFamily
Closing
Apr 11, 2022
AI
A multifamily property located at 137 Falcon St in Boston, MA has been sold. The property consists of 4 units with a total square footage of 5,319. The sale price for the property was $910,000, resulting in a price per unit of $227,500 and a price per square foot of $171. The transaction took place on April 12, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $910,000
- Number of Units: 4
- Price per Unit: $227,500
- Square Footage: 5,319
- Price per Square Foot: $171
The buyer of the property is Aybarus Ulus. The seller is Vitaly Fedosik, and the broker involved in the transaction is Vlad Sirotin from MIR Realty. According to a note provided by @Vitaly_617, the property is an approved 4-unit project with 3 off-street parking spots.
Players
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
17.43%
Cash-on-Cash
-4.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93