Updated Dec 21, 2023
Horvath & Tremblay Brokers $3.5M Multifamily Sale In Boston
142 Gove Street, Boston, Massachusetts 02128, United States
$3,525,000
$482/SF
Building Size
7,308 SF
Asset Type
MultiFamily
Closing
Dec 20, 2021
About this deal
AI
A multifamily property located at 142 Gove St in Boston, MA has been sold for a transaction amount of $3,525,000. The property spans a total of 7,308 square feet, resulting in a price per square foot of $482. The sale took place on December 20, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,525,000
- Square Footage: 7,308
- Price per Square Foot: $482
- Address: 142 Gove St, Boston, MA
- Market: Boston, MA
The sale was facilitated by broker Stephen Girolamo of Horvath & Tremblay. Stephen represented the parties involved in the transaction.
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
4.50%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93