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15 Hansborough Street, Bost...

Updated Dec 21, 2023

Monarch Realty Group Acquires Multifamily Property In Boston For $1.2M
SOLDMultiFamily

Monarch Realty Group Acquires Multifamily Property In Boston For $1.2M

15 Hansborough Street, Boston, Massachusetts, USA

$1,200,000

$269/SF

Building Size

4,455 SF

Asset Type

MultiFamily

Closing

Aug 27, 2021

About this deal

AI

A multifamily property located at 15 Hansborough St in Boston, MA recently sold for $1,200,000. The property offers 4,455 square feet of space, resulting in a price per square foot of $269. The sale was recorded on August 27, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 15 Hansborough St, Boston, MA
  • Square Footage: 4,455
  • Price Per Square Foot: $269

The seller was represented by Merysa Berrios Sevilla from Vicente Realty, LLC, while the buyer was represented by Patrick Dorcena from Monarch Realty Group, LLC.

Players

Merysa Berrios Sevilla

Broker

$1.2M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $269 per square foot on a published $1.2M for 4,455 square feet (2021).

Visit Patrick Dorcena to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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