Updated Dec 21, 2023
Frank C. Amato Acquires Multifamily Property On 160 Webster St, East Boston For $1.2M
160 Webster St, East Boston, Boston, MA, USA
$1,200,000
$424/SF
Building Size
2,826 SF
Asset Type
MultiFamily
Closing
May 26, 2021
About this deal
AI
The multifamily property located at 160 Webster St in East Boston, MA was sold on May 27, 2021. The property spans 2,826 square feet and was sold for a total price of $1,200,000, resulting in a price per square foot of $425.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 160 Webster St, East Boston, MA
- Market: East Boston, MA
The sellers of the property were Anthony Giangregorio & Angelo Giangregorio, while the buyer was Frank C. Amato.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93