Updated Dec 21, 2023
Horvath & Tremblay Represents Buyer And Seller In $2.2M Sale Of Boston Multifamily Property
149 West Eighth Street, Boston, Massachusetts 02127, United States
$2,225,000
$547/SF
Building Size
4,066 SF
Asset Type
MultiFamily
Closing
Oct 4, 2022
About this deal
AI
The multifamily property located at 149 West 8th in Boston, MA has been sold. The transaction took place on October 5, 2022, with a sale price of $2,225,000. The property spans 4,066 square feet, resulting in a price per square foot of $547.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,225,000
- Address: 149 West 8th, Boston, MA
- Market: Boston, MA
Dennis Kelleher from Horvath & Tremblay represented the buyer in this transaction, while John Pentore, also from Horvath & Tremblay, 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
7.13%
Cash-on-Cash
-2.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93