Updated Sep 9, 2024
Multifamily Property At 16 Irving Street In Boston Sold For $2.8M
16 Irving St Boston, MA 02114, USA
$2,864,000
$931/SF
Building Size
3,074 SF
Asset Type
MultiFamily
Closing
Jun 2, 2023
About this deal
AI
A multifamily property located at 16 Irving Street in Boston, MA was sold for a total of $2,864,000. The transaction, which took place on June 2, 2023, involved a property spanning 3,074 square feet, resulting in a price per square foot of $932.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,864,000
- Square Footage: 3,074
- Price per Square Foot: $932
- Address: 16 Irving Street, Boston, MA
- Market: Boston, MA
The buyer of the property was represented by Nghi Le from Mohawk Real Estate, LLC, while the seller was represented by Roberta Orlandino from Coldwell Banker Realty.
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
5.54%
Cash-on-Cash
-1.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93