Sean Packard & Centre Realty Group Acquire Multifamily Property On Wachusett St In Boston For $1.4M
17 Wachusett Street, Boston, Massachusetts, USA
$1,400,000
$337/SF
Building Size
4,149 SF
Asset Type
MultiFamily
Closing
Oct 21, 2021
AI
A multifamily property located at 17 Wachusett St in Boston, MA, has been sold in a closed transaction. The property consists of three units with a total area of 4,149 square feet. The sale price for this property was $1,400,000, resulting in a price per unit of $466,667. The price per square foot was calculated at $337.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 17 Wachusett St, Boston, MA
- Market: Boston, MA
- Units: 3
- Price per Unit: $466,667
- Total Square Footage: 4,149
- Price per Square Foot: $337
The buyer's representative in this transaction was Sean Packard from Centre Realty Group, while the seller's representative was Joanna Edwards from Thumbprint Realty.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93