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.
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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