Updated Dec 4, 2024
Jose Frias & Elba Rojas Facilitate $1.08M Multifamily Sale In Boston, MA
14-16 Greenwood Street
$1,087,000
$305/SF
Building Size
3,563 SF
Asset Type
MultiFamily
Closing
Jun 14, 2024
About this deal
AI
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:
- Property Type: Multifamily
- Transaction Amount: $1,087,000
- Address: 14-16 Greenwood Street, Boston, MA
- Market: Boston, MA
- Buyer's Rep: Jose Frias - Realty One Group Nest
- Seller's Rep: Elba Rojas - Boston Realty Services
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
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
14.59%
Cash-on-Cash
-4.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93