Updated Feb 19, 2025
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
About this deal
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.
On the Map
$1,400,000
$337/SF
MultiFamily
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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