Boston Commercial Realty Acquires Multifamily Property On Fabyan Street For $1.13M
SOLD
$1,130,000
Massachusetts
See Similar DealsMultiFamily4,062 SF
Sold 03/11/2021
SOLD
Boston Commercial Realty Acquires Multifamily Property On Fabyan Street For $1.13M
14-18 Fabyan Street, Boston, MA, USA
See Similar DealsMultiFamily4,062 SF
Sold 03/11/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$278
Total Square Footage:4,062 SF
Transaction Type:Sale
The multifamily property located at 14-18 Fabyan Street in Boston, MA has been sold for $1,130,000. The property spans 4,062 square feet, resulting in a price per square foot of $278.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,130,000
- Square Footage: 4,062
The seller's representative in this transaction was Francis Santaniello from Weichert REALTORS® Blueprint Brokers. Laurence Tamkin from Boston Commercial Realty represented the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,266.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,014.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,356.78
Annual Debt Service$64,281.32
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