Julius Sokol Acquires Multifamily Property In East Boston For $1.65M
152 Chelsea St, East Boston, Boston, MA, USA
$1,650,000
$270/SF
Building Size
6,097 SF
Asset Type
MultiFamily
Closing
Aug 31, 2021
AI
The multifamily property located at 154 Chelsea St & 152 Chelsea St in East Boston, MA was sold on September 1, 2021. The property spans a total of 6,097 square feet, with a sale price of $1,650,000. This translates to a price per square foot of $270.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Address: 154 Chelsea St & 152 Chelsea St, East Boston, MA
- Market: East Boston, MA
- Square Footage: 6,097
The buyer of the property was Julius Sokol, while the seller was Anthony Capone.
Players
Boston 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93