Updated Dec 21, 2023
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
About this deal
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.
On the Map
$4,000,000
$689/SF
MultiFamily
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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