William Raveis R.E. Acquires Multifamily Property In Boston For $1.045M
156 Talbot Avenue, Boston, Massachusetts, USA
$1,045,000
$278/SF
Building Size
3,753 SF
Asset Type
MultiFamily
Closing
Sep 10, 2021
AI
The multifamily property located at 156 Talbot Ave in Boston, MA has been sold for a price of $1,045,000. The property spans a total of 3,753 square feet, resulting in a price per square foot of $278. The sale was facilitated by James Harrison of Boston Bayside Properties, LLC, who represented the seller. The buyer was represented by The Residential Group from William Raveis R.E. & Home Services.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,045,000
- Address: 156 Talbot Ave, Boston, MA
- Square Footage: 3,753
- Price Per Square Foot: $278
James Harrison of Boston Bayside Properties, LLC represented the seller in the transaction, while The Residential Group from William Raveis R.E. & Home Services acted as the buyer's representative.
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
15.18%
Cash-on-Cash
-4.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93