Updated Dec 19, 2023
Exp Realty Acquires Multifamily Property At 16 High St In Boston, MA For $1.15M
16 High Street, Boston, Massachusetts 02122, United States
$1,150,000
$271/SF
Building Size
4,238 SF
Asset Type
MultiFamily
Closing
Apr 14, 2022
About this deal
AI
The multifamily property located at 16 High St in Boston, MA was recently sold in a transaction facilitated by Exp Realty. The property spans a total of 4,238 square feet, with a sale price of $1,150,000, resulting in a price per square foot of $271.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Square Footage: 4,238
- Price per Square Foot: $271
- Address: 16 High St, Boston, MA
An Phan from Exp Realty represented the buyer in this transaction, while Andrea Hulme from William Raveis Real Estate - Hingham represented the seller. The involvement of these brokers showcases their expertise and dedication in facilitating successful real estate deals.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93