Daily limit: 0/10
Edward Deveau & Jorge Betancur Close $1.21M East Boston Multifamily Sale
SOLD
Massachusetts
See Similar DealsMultiFamily3,332 SF
Sold 04/09/2024
SOLD
Edward Deveau & Jorge Betancur Close $1.21M East Boston Multifamily Sale
192 Chelsea Street
See Similar DealsMultiFamily3,332 SF
Sold 04/09/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$363
Total Square Footage:3,332 SF
Transaction Type:Sale
Located at 192 Chelsea Street in East Boston, a multifamily property was sold for $1,210,000. The property consists of 2 units with a total square footage of 3,332. The price per unit was $605,000, and the price per square foot was $363.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,210,000
- Address: 192 Chelsea Street
- Market: East Boston, MA
- Brokers: Edward Deveau & Jorge Betancur - Century 21
- Units: 2
- Square Footage: 3,332
- Price per Unit: $605,000
- Price per Square Foot: $363
The sale transaction at 192 Chelsea Street was facilitated by Edward Deveau and Jorge Betancur of Century 21. They played a crucial role in successfully closing the deal for this multifamily property in East Boston, MA.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,298.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,736.02
Annual Debt Service$68,832.21
Is there something missing? Send suggestions