Compass Acquires Multifamily Property In Boston For $1.15M
SOLD
Massachusetts
See Similar DealsMultiFamily2,288 SF
Sold 05/31/2022
SOLD
Compass Acquires Multifamily Property In Boston For $1.15M
17 Perthshire Road, Brighton, Massachusetts 02135, United States
See Similar DealsMultiFamily2,288 SF
Sold 05/31/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$502
Total Square Footage:2,288 SF
Transaction Type:Sale
The multifamily property located at 15-17 Perthshire Rd in Boston, MA was recently sold for $1,150,000. The property spans 2,288 square feet and has a price per square foot of $503. The transaction took place on 05/31/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 15-17 Perthshire Rd, Boston, MA
- Square Feet: 2,288
- Price per Square Foot: $503
Meg Beers from Compass represented the buyer's interests in this deal, while Norman O'Grady from Prime Realty Group, Inc acted as the seller's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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