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15 Worthington Street

Updated Dec 4, 2024

David Hassman Of Boston Property Services Acquires Multifamily Property On 15 Worthington Street In Boston, MA For $1.3M
SOLDMultiFamily

David Hassman Of Boston Property Services Acquires Multifamily Property On 15 Worthington Street In Boston, MA For $1.3M

15 Worthington Street

$1,300,000

$625/SF

Building Size

2,080 SF

Asset Type

MultiFamily

Closing

Aug 24, 2023

About this deal

AI

A multifamily property located at 15 Worthington Street in Boston, Massachusetts, was sold for $1.3 million. The property spans 2,080 square feet, resulting in a price per square foot (PPSF) of $625.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • SF: 2,080
  • PPSF: $625
  • Address: 15 Worthington Street, Boston, MA
  • Market: Boston, MA

The buyer's representative for this transaction was David Hassman from Boston Property Services, LLC, while the seller's representative was Keller Williams Realty Boston South West.

Players

David Hassman

Broker

$4.7M

vol

2 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $625 per square foot on a published $1.3M for 2,080 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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