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140 Wachusett St

140 Wachusett St LLC Acquires Multifamily Property From St Andrew Nt For $1.16M
SOLDMultiFamily

140 Wachusett St LLC Acquires Multifamily Property From St Andrew Nt For $1.16M

140 Wachusett St

$1,160,000

Building Size

Asset Type

MultiFamily

Closing

Dec 22, 2021

AI

This transaction involves a MultiFamily asset located at 140 Wachusett St, in Jamaica Plain. The property was sold for $1,160,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,160,000.00
  • Address: 140 Wachusett St
  • Market: Jamaica Plain
  • Buyer: 140 Wachusett St LLC
  • Seller: St Andrew Nt
  • Broker: Jaimi Meuse - Red Tree Real Estate

In this transaction, Jaimi Meuse represented Red Tree Real Estate as the broker for the deal while facilitating the agreement between the buyer, 140 Wachusett St LLC, and the seller, St Andrew Nt.

Players

Jaimi Meuse

Red Tree Real Estate

Broker

$12.7M

vol

7 deals

Broker
1L
140 Wachusett St LLCBuyer
SN
St Andrew NtSeller

Jamaica Plain 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

13.68%

Cash-on-Cash

-3.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93