Joyce Lebedew Real Estate Sells Boston Multifamily For $2.3M
1612 Columbia Road, Boston, Massachusetts 02127, United States
$2,300,000
$701/SF
Building Size
3,277 SF
Asset Type
MultiFamily
Closing
Aug 17, 2022
AI
The multifamily property located at 1612 Columbia Rd in Boston, MA was recently sold for $2,300,000. The property spans across 3,277 square feet, with a price per square foot of $702. This transaction was facilitated by Joyce Lebedew of Joyce Lebedew Real Estate.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 1612 Columbia Rd
- Market: Boston, MA
- Square Footage: 3,277
- Price Per Square Foot: $702
Under the representation of Joyce Lebedew Real Estate, the property at 1612 Columbia Rd was successfully sold. Joyce Lebedew played a crucial role in negotiating and finalizing the deal, ensuring a successful transaction.
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93