Updated Sep 5, 2024
Teodoro Barros Acquires Multifamily Property In Boston, MA For $800K
169 Glenway Street, Boston, MA, USA
$800,000
$155/SF
Building Size
5,150 SF
Asset Type
MultiFamily
Closing
Mar 11, 2021
About this deal
AI
A multifamily property located at 169 Glenway Street in Boston, MA has been sold for $800,000. The sale was completed on March 12, 2021. The property spans across 5,150 square feet, resulting in a price per square foot of $155. Teodoro Barros from MIG - Boston Trust Realty Group represented the buyer in the transaction, while Rodney Long from Keller Williams Realty represented the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $800,000
- Address: 169 Glenway Street, Boston, MA
- Market: Boston, MA
- Buyer's Rep: Teodoro Barros - MIG - Boston Trust Realty Group
- Seller's Rep: Rodney Long - Keller Williams Realty
- Square Footage: 5,150
- Price per Square Foot: $155
Teodoro Barros from MIG - Boston Trust Realty Group represented the buyer in this transaction, while Rodney Long from Keller Williams Realty represented 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
19.83%
Cash-on-Cash
-5.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93