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1863 Commonwealth Avenue, B...

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
SOLDMultiFamily

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

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.

Players

Jerome Bibuld

Red Tree Real Estate

Broker

$12M

vol

7 deals

Broker

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