Updated Dec 21, 2023
John E. Mahoney And Ranick Ng Acquire Multifamily Property In Roxbury Crossing, MA For $2.59M
1607 Tremont St, Boston, MA, USA
$2,590,000
$1,203/SF
Building Size
2,152 SF
Asset Type
MultiFamily
Closing
Sep 13, 2021
About this deal
AI
The multifamily property located at 1607 Tremont St in Roxbury Crossing, MA has been sold. The property consists of 3 units with a total square footage of 2,152. The sale price for this transaction was $2,590,000, resulting in a price per unit of $863,333 and a price per square foot of $1,203. The sale was completed on 09/13/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,590,000
- Address: 1607 Tremont St, Roxbury Crossing, MA
- Units: 3
- Square Footage: 2,152
- Price per Unit: $863,333
- Price per Square Foot: $1,203
The buyer of this property is John E. Mahoney and Ranick Ng. They acquired the property from the seller, Jason B. Savage. The transaction was completed without any additional information available.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.12%
Cash-on-Cash
-1.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93