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2 Johnson Ave, Jamaica Plai...

Updated Oct 28, 2024

Indrabrata Deb & Chhanda Deb Acquire Multifamily Property In Jamaica Plain For $1.5M
SOLDMultiFamily

Indrabrata Deb & Chhanda Deb Acquire Multifamily Property In Jamaica Plain For $1.5M

2 Johnson Ave, Jamaica Plain, MA, USA

$1,500,000

$424/SF

Building Size

3,534 SF

Asset Type

MultiFamily

Closing

Jun 29, 2021

About this deal

AI

Located at 2 Johnson Ave in Jamaica Plain, MA, this multifamily property was sold on June 30, 2021. Spanning a total of 3,534 square feet, the property boasts a sale price of $1,500,000, resulting in a price per square foot of $424. With 3 units in the building, the price per unit amounts to $500,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Address: 2 Johnson Ave, Jamaica Plain, MA
  • Market: Jamaica Plain, MA
  • Square Footage: 3,534 sqft
  • Price per Square Foot: $424
  • Number of Units: 3
  • Price per Unit: $500,000

The seller of the property was Abigail Properties Llc, while Indrabrata Deb & Chhanda Deb acted as the buyers.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $424 per square foot on a published $1.5M for 3,534 square feet (2021).

Browse Boston multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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