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164 Boylston Street, Boston...

Greg Maund Of William Raveis R. E. & Home Services Sells Multifamily Property In Boston For $1.4M
SOLDMultiFamily

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

Greg Maund

Broker

$1.4M

vol

1 deal

Broker

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