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19-21 Buttonwood, Boston, M...

Alex Wang Of Hestia Acquires Multifamily Property In Boston, MA For $4M
SOLDMultiFamily

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

Alex Wang

Broker

$6.3M

vol

3 deals

Broker

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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93