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Jose Frias & Elba Rojas Facilitate $1.08M Multifamily Sale In Boston, MA

Property Image
SOLD
$1,087,000
Elba Rojas
Jose Frias

Massachusetts

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MultiFamily3,563 SF
Sold 06/14/2024
the dealplayerscompscontact
Property Image
SOLD

Jose Frias & Elba Rojas Facilitate $1.08M Multifamily Sale In Boston, MA

14-16 Greenwood Street

See Similar Deals
MultiFamily3,563 SF
Sold 06/14/2024
Elba Rojas
Jose Frias
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$305
Total Square Footage:3,563 SF
Transaction Type:Sale

A multifamily property located at 14-16 Greenwood Street in Boston, MA, sold for $1,087,000. The transaction was facilitated by Jose Frias of Realty One Group Nestrepresenting the buyer, and Elba Rojas of Boston Realty Services representing the seller. The property spans 3,563 square feet with a price per square foot of $305.

Summary of transaction details:

The deal involved Jose Frias from Realty One Group Nest representing the buyer and Elba Rojas from Boston Realty Services representing the seller, showcasing their roles in the transaction.

Players

Elba Rojas
Elba Rojas
1 deal$1.1M volume(857) 773-1800
BROKER
Jose Frias
Realty One Group
Jose Frias
2 deals$2.7M volume(978) 902-1561
BROKER

Details

SOLD
IMAGE: Jose Frias & Elba Rojas DATE: 06/14/2024 ADDRESS: 14-16 Greenwood Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Jose Frias (@JoseFrias2010) - Realty One Group Nest SELLER'S REP: Elba Rojas (@ElbaRojas203) - Boston Realty Services SALE PRICE: $1,087,000 SF: 3,563 ~ PPSF: $305 NOTE: A multifamily property located at 14-16 Greenwood Street in Boston, MA, sold for $1,087,000. The transaction was facilitated by Jose Frias of Realty One Group Nest representing the buyer, and Elba Rojas of Boston Realty Services representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$57,973.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,861.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,152.93
Annual Debt Service$61,835.21