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16 Saint Peter Street, Bost...

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

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.

Players

Stephen Lussier

Arborview Realty

Broker

$6.8M

vol

5 deals

Broker

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

12.79%

Cash-on-Cash

-3.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93