Updated Dec 21, 2023
Joseph Barka Of Coldwell Banker Realty Acquires Multifamily Property In Boston For $1.25M
2-4 Flint Pl, Boston, MA 02127
$1,250,000
$736/SF
Building Size
1,698 SF
Asset Type
MultiFamily
Closing
Dec 14, 2021
About this deal
AI
A multifamily property located at 2-4 Flint in Boston, MA was recently sold for a total of $1,250,000. The property spans across 1,698 square feet, with a price per square foot of $736.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 2-4 Flint, Boston, MA
- Market: Boston, MA
- Buyer's Representative: Joseph Barka - Coldwell Banker Realty - Back Bay
- Seller's Representative: M/V Advisors - Coldwell Banker Realty - Back Bay
The buyer, represented by Joseph Barka from Coldwell Banker Realty - Back Bay, completed the purchase of this multifamily property. On the other hand, M/V Advisors, also from Coldwell Banker Realty - Back Bay, acted as the seller's representative in the transaction.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93