Updated Dec 4, 2024
Egi Gjikondi Acquires Multifamily In Boston, MA For $1.35M
17 Chilcott Place
$1,350,000
$280/SF
Building Size
4,820 SF
Asset Type
MultiFamily
Closing
Jun 6, 2024
About this deal
AI
A multifamily property located at 17 Chilcott Place in Boston, MA was sold for $1,350,000. With a size of 4,820 square feet, the property was transacted at a price per square foot of $280.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 17 Chilcott Place
- Market: Boston, MA
- Buyer's Rep: Egi Gjikondi - Broad Street Boutique Realty
- Seller's Rep: Lawrence Fisch - Boston's Preferred Properties
Egi Gjikondi from Broad Street Boutique Realty represented the buyer in the transaction, while Lawrence Fisch from Boston's Preferred Properties represented the seller, facilitating the successful sale of the multifamily property.
Players
Jamaica Plain 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93