Updated Dec 4, 2024
Anne Kennedy & David Greenwood Close $1.05M Multifamily Sale In Boston, MA
16 Pierpont Road
$1,050,000
$300/SF
Building Size
3,500 SF
Asset Type
MultiFamily
Closing
May 6, 2024
About this deal
AI
A multi-family home at 16 Pierpont Rd, Boston, MA, sold for $1,050,000. The property offers prime living in West Roxbury with hardwood floors, fireplaces, and ample living space. It features two units, a large back deck, a paved driveway, and an extra 2,000 sq ft lot.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Units: 2
- Price per Unit: $525,000
- Square Footage: 3,500
- Price per Square Foot: $300
- Address: 16 Pierpont Road, Boston, MA
- Market: Boston, MA
Anne Kennedy from Coldwell Banker represented the buyer in this transaction, while David Greenwood from Insight Realty Group represented the seller.
On the Map
$1,050,000
$300/SF
MultiFamily
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West Roxbury 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93