Updated Dec 20, 2023
Jerome Bibuld Of Red Tree Real Estate Sells Multifamily Property In Boston, MA For $2.15M With Igor Taksir Team Of I.D. Realty As Buyer's Rep
1863 Commonwealth Avenue, Boston, Massachusetts 02135, United States
$2,150,000
$396/SF
Building Size
5,425 SF
Asset Type
MultiFamily
Closing
Dec 23, 2021
About this deal
AI
A multifamily property located at 1863 Commonwealth Ave in Boston, MA has been sold for $2,150,000. The property spans 5,425 square feet, resulting in a price per square foot of $396.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,150,000
- Square Footage: 5,425
- Price per Square Foot: $396
- Address: 1863 Commonwealth Ave, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was the IGOR TAKSIR Team from I.D. Realty, while the seller's representative was Jerome Bibuld from Red Tree Real Estate.
On the Map
$2,150,000
$396/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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93