PlanSmart Realty Acquires Multifamily Property In Boston For $1.025M
170 Poplar Street, Boston, Massachusetts 02131, United States
$1,025,000
$269/SF
Building Size
3,800 SF
Asset Type
MultiFamily
Closing
Mar 3, 2022
AI
The multifamily property located at 170 Poplar St in Boston, MA was recently sold for $1,025,000. The property spans 3,800 square feet, resulting in a price per square foot of $270.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Square Footage: 3,800
- Price per Square Foot: $270
- Market: Boston, MA
The buyer in this transaction was represented by Grace Li from PlanSmart Realty LLC, while John Gallagher from Cameron Prestige - Boston acted as the seller's representative.
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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93