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
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.
Players
Waltham MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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