Updated Dec 21, 2023
Richard Hulme Acquires Multifamily Property In South Boston, MA For $1.0M
168 N St, South Boston, Boston, MA, USA
$1,006,250
$525/SF
Building Size
1,914 SF
Asset Type
MultiFamily
Closing
Aug 24, 2021
About this deal
AI
The multifamily property located at 168 N St in South Boston, MA was recently sold on August 25, 2021. The property spans across 1,914 square feet and was sold for a price of $1,006,250, resulting in a price per square foot of $526.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,006,250
- Address: 168 N St, South Boston, MA
- Market: South Boston, MA
- Buyer: Richard Hulme
- Seller: Daniel J. Magoon
Richard Hulme was the buyer in this transaction, while Daniel J. Magoon acted as the seller.
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
15.76%
Cash-on-Cash
-4.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93