Alex Wang Of Hestia Acquires Multifamily Property In Boston, MA For $4M
19-21 Buttonwood, Boston, MA 02125
$4,000,000
$689/SF
Building Size
5,800 SF
Asset Type
MultiFamily
Closing
Aug 9, 2022
AI
The multifamily property located at 19-21 Buttonwood in Boston, MA has been sold for a price of $4,000,000. The property spans across 5,800 square feet, resulting in a price per square foot of $690.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,000,000
- Address: 19-21 Buttonwood, Boston, MA
- Market: Boston, MA
- Buyer's Representative: Alex Wang - Hestia
- Seller's Representative: Elevated Boston Team - Elevated Realty, LLC
- Square Footage: 5,800
- Price per Square Foot: $690
Alex Wang from Hestia represented the buyer in this transaction, while the Elevated Boston Team from Elevated Realty, LLC served as the seller's representative.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93