facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

1428 Columbia Rd, Boston, M...

Buyers Brokers Only Acquires Multifamily Property In Boston For $2.3M
SOLDMultiFamily

Buyers Brokers Only Acquires Multifamily Property In Boston For $2.3M

1428 Columbia Rd, Boston, MA 02127

$2,300,000

$718/SF

Building Size

3,200 SF

Asset Type

MultiFamily

Closing

Mar 22, 2022

AI

The multifamily property located at 1428 Columbia Rd in Boston, MA was recently sold for a total price of $2,300,000. The property spans over 3,200 square feet, resulting in a price per square foot of $719.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Address: 1428 Columbia Rd, Boston, MA
  • Market: Boston, MA

The buyer in this transaction was represented by Femion Mezini from Buyers Brokers Only, LLC. On the other hand, Jacob Carlin from JW Brokerage acted as the seller's representative.

Players

Femion Mezini

Capital Realty Group

Broker

$18.7M

vol

6 deals

Broker
Buyers Brokers Only
Buyers Brokers OnlyBrokerage

Boston 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93