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19 Snow Hill Street

Updated Sep 9, 2024

Anit Patle Acquires Multifamily Asset In Boston, MA For $2.975M
SOLDMultiFamily

Anit Patle Acquires Multifamily Asset In Boston, MA For $2.975M

19 Snow Hill Street

$2,975,000

$830/SF

Building Size

3,584 SF

Asset Type

MultiFamily

Closing

Dec 30, 2022

About this deal

AI

Anit Patle has purchased a multifamily property located at 19 Snow Hill Street in Boston, MA for a total sale price of $2,975,000. The property consists of 4 units, with a price per unit of $743,750. The total square footage of the property is 3,584, resulting in a price per square foot of $830.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,975,000
  • Units: 4
  • Price per Unit: $743,750
  • Square Footage: 3,584
  • Price per Square Foot: $830
  • Address: 19 Snow Hill Street, Boston, MA
  • Buyer: Anit Patle
  • Seller: Scotto Jamicson
  • Broker: Giancarlo Tiberi - Core Property Group

Giancarlo Tiberi from Core Property Group represented both the buyer, Anit Patle, and the seller, Scotto Jamicson, in this transaction. It is worth noting that Giancarlo has previously sold this property twice in the past 2 years, highlighting the expertise of the Core Property Group in sourcing, marketing, and selling investment properties.

Players

Giancarlo Tiberi

Core Property Group

Broker

$95.1M

vol

24 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $830 per square foot on a published $3M for 3,584 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.33%

Cash-on-Cash

-1.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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