Greg Maund Of William Raveis R. E. & Home Services Sells Multifamily Property In Boston For $1.4M
164 Boylston Street, Boston, MA, USA
$1,400,000
$427/SF
Building Size
3,278 SF
Asset Type
MultiFamily
Closing
Jan 14, 2021
AI
The multifamily property located at 164 Boylston Street in Boston, MA was recently sold for a price of $1,400,000. The transaction took place on 01/15/2021, and the property spans a total area of 3,278 square feet. The price per square foot for this sale equates to $427.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 164 Boylston Street
- Market: Boston, MA
- Seller's Representative: Greg Maund - William Raveis R. E. & Home Services
- Buyer's Representative: Ron Ifrah - Longwood Residential, LLC
Ron Ifrah of Longwood Residential, LLC represented the buyer in this transaction, while Greg Maund of William Raveis R. E. & Home Services represented the seller. Both parties played key roles in the successful completion of this deal.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93