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16 Saint Peter Street, Bost...

Updated Sep 9, 2024

Brian Mccaffrey Of The Virtual Realty Group Represents Buyer In $1.24M Multifamily Sale In Boston, MA
SOLDMultiFamily

Brian Mccaffrey Of The Virtual Realty Group Represents Buyer In $1.24M Multifamily Sale In Boston, MA

16 Saint Peter Street, Boston, Massachusetts 02130, United States

$1,240,000

$358/SF

Building Size

3,458 SF

Asset Type

MultiFamily

Closing

Jan 13, 2022

About this deal

AI

The multifamily property located at 16 St Peter St in Boston, MA has been sold for a price of $1,240,000. The property spans across 3,458 square feet, resulting in a price per square foot of $359.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,240,000
  • Address: 16 St Peter St
  • Market: Boston, MA

Brian Mccaffrey from The Virtual Realty Group represented the buyer in this transaction, while Stephen Lussier from Arborview Realty Inc. represented the seller.

The multifamily sale at 16 Saint Peter Street, Boston, Massachusetts 02130, United States in Boston, Massachusetts sold for $1.2M in 2022. The building is 3,458 square feet, implying about 358 per square foot on the published price. Named participants on the 16 Saint Peter Street, Boston, Massachusetts 02130, United States sale are Brian Mccaffrey, Stephen Lussier. This page is the Boston, Massachusetts file for the 16 Saint Peter Street, Boston, Massachusetts 02130, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 16 Saint Peter Street, Boston, Massachusetts 02130, United States around 2022. Published consideration for 16 Saint Peter Street, Boston, Massachusetts 02130, United States is $1.2M, dated 2022. Cite this Brian Mccaffrey Of The Virtual Realty Group Represents Buyer In $1.24M Multifamily Sale In Boston, MA sale when underwriting similar multifamily product around Boston, Massachusetts.

Players

Stephen Lussier

Arborview Realty

Broker

$6.8M

vol

5 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $358 per square foot on a published $1.2M for 3,458 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.79%

Cash-on-Cash

-3.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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