Dillon Brennan Realty Acquires Multifamily Property In Boston For $1.95M
17 Gray Street, Boston, Massachusetts 02116, United States
$1,950,000
$730/SF
Building Size
2,668 SF
Asset Type
MultiFamily
Closing
May 12, 2022
AI
A multifamily property located at 17 Gray St in Boston, MA was recently sold for $1,950,000. The property spans across 2,668 square feet, resulting in a price per square foot of $731.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Address: 17 Gray St, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was Dillon Brennan from Dillon Brennan Realty, while the seller's representative was Rene Rodriguez from Cabot & Company.
Players
Boston 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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93