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
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.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93