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
SOLD
$2,150,000
Massachusetts
See Similar DealsMultiFamily5,425 SF
Sold 12/23/2021
SOLD
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
See Similar DealsMultiFamily5,425 SF
Sold 12/23/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$396
Total Square Footage:5,425 SF
Transaction Type:Sale
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.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$114,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16
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