Updated Dec 21, 2023
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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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