Updated Sep 5, 2024
Keller Williams Realty Acquires Multifamily Property In Boston, MA For $3.22M
1435 Tremont Street, Boston, MA, USA
$3,220,000
$429/SF
Building Size
7,500 SF
Asset Type
MultiFamily
Closing
Nov 30, 2021
About this deal
AI
The multifamily property located at 1435-1437 Tremont St in Boston, MA was recently sold for a total price of $3,220,000. The property spans across 7,500 square feet, resulting in a price per square foot of $429.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,220,000
- Address: 1435-1437 Tremont St, Boston, MA
- Market: Boston, MA
- Buyer's Representative: Tom Rund - Keller Williams Realty Boston-Metro
- Seller's Representative: Jason Boward Savage - Mission Hill Properties, Llc
Tom Rund from Keller Williams Realty Boston-Metro represented the buyer in this transaction, while Jason Boward Savage from Mission Hill Properties, LLC represented the seller.
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
4.93%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93