360 Realty LLC Acquires Multifamily Property On Tremont St In Boston, MA For $2.375M
1566 Tremont Street, Roxbury, Massachusetts 02120, United States
$2,375,000
$790/SF
Building Size
3,003 SF
Asset Type
MultiFamily
Closing
Apr 7, 2022
AI
A multifamily property located at 1566 Tremont St in Boston, MA, has been sold for a total price of $2,375,000. The property encompasses 3,003 square feet, resulting in a price per square foot of $791. The transaction took place on April 8, 2022, and the sale was represented by Ryan Will of 360 Realty LLC on behalf of the buyer and Eric Johnson of Compass on behalf of the seller.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $2,375,000
- Location: 1566 Tremont St, Boston, MA
- Size: 3,003 square feet
- Price Per Square Foot: $791
- Buyer's Representative: Ryan Will - 360 Realty LLC
- Seller's Representative: Eric Johnson - Compass
The sale of this multifamily property on Tremont St was facilitated by Ryan Will of 360 Realty LLC, who represented the buyer, and Eric Johnson of Compass, who represented the seller. This transaction highlights the involvement of these professionals in the Boston real estate market.
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
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93