SOLDMultiFamily
Union Real Estate & Advisors Living Facilitates $1.21M Sale Of Jamaica Plain Multifamily Property
15 Jess Street
$1,210,000
$479/SF
Building Size
2,523 SF
Asset Type
MultiFamily
Closing
Jan 30, 2024
AI
A multifamily property located at 15 Jess Street in Jamaica Plain, MA, was sold for $1,210,000. The property spans 2,523 square feet, resulting in a price per square foot of $480.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,210,000
- Address: 15 Jess Street
- Market: Jamaica Plain, MA
Elena M. Lau from Union Real Estate acted as the buyer's representative in the transaction, while the Abode With Us Team from Advisors Living represented the seller.
Jamaica Plain MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.11%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93