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177 Wachusett St, Boston, M...

Updated Dec 21, 2023

Jaclyn A. Bacallao & Luis A. Quiel Acquire Multifamily Property In Jamaica Plain, MA For $1.3M
SOLDMultiFamily

Jaclyn A. Bacallao & Luis A. Quiel Acquire Multifamily Property In Jamaica Plain, MA For $1.3M

177 Wachusett St, Boston, MA, USA

$1,300,000

$414/SF

Building Size

3,134 SF

Asset Type

MultiFamily

Closing

Jun 9, 2021

About this deal

AI

The multifamily property located at 177 Wachusett St in Jamaica Plain, MA was recently sold in a closed transaction on 06/10/2021. The property spans 3,134 square feet and was sold at a price of $1,300,000, resulting in a price per square foot of $415.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Address: 177 Wachusett St, Jamaica Plain, MA
  • Market: Jamaica Plain, MA
  • Seller: Marc Okrent & Tyler Provost
  • Buyer: Jaclyn A. Bacallao & Luis A. Quiel
  • Square Footage: 3,134

The buyers of the property, Jaclyn A. Bacallao and Luis A. Quiel, acquired the multifamily asset from the sellers, Marc Okrent and Tyler Provost. No additional information was available regarding the deal, such as the involvement of any brokers or representatives.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $414 per square foot on a published $1.3M for 3,134 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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