SOLDMultiFamily
Rooney Real Estate Acquires Multifamily Property In Boston For $2M
174 W 7th St, South Boston, MA 02127
$2,000,000
$701/SF
Building Size
2,850 SF
Asset Type
MultiFamily
Closing
Nov 24, 2021
AI
A multifamily property located at 174 W 7th St in Boston, MA has been sold for a price of $2,000,000. The property spans 2,850 square feet, resulting in a price per square foot of $702.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Square Footage: 2,850
- Price per Square Foot: $702
The sale was facilitated by the Jackie Rooney Team from Rooney Real Estate, LLC.
Players
South 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93