Updated Sep 9, 2024
Next Horizon Realty Acquires Multifamily Property On Boynton St In Boston For $1.5M
17-17a Boynton Street, Waltham, MA, USA
$1,500,000
$528/SF
Building Size
2,838 SF
Asset Type
MultiFamily
Closing
Nov 30, 2021
About this deal
AI
A multifamily property located at 17-17A Boynton St in Boston, MA was recently sold for a price of $1,500,000. The property consists of 3 units with an average price per unit of $500,000. It has a total square footage of 2,838, resulting in a price per square foot of $529.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 17-17A Boynton St, Boston, MA
- Market: Boston, MA
- Buyer's Representative: Chuks Okoli - Next Horizon Realty
- Seller's Representative: Josephine Tsui - Unlimited Sotheby's International Realty
- Units: 3
- Price per Unit: $500,000
- Total Square Footage: 2,838
- Price per Square Foot: $529
The buyer's representative in this transaction was Chuks Okoli from Next Horizon Realty, while the seller's representative was Josephine Tsui from Unlimited Sotheby's International Realty.
On the Map
$1,500,000
$528/SF
MultiFamily
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Players
Waltham 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93