facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

2 Parley Vale, Jamaica Plai...

Updated Dec 21, 2023

William S. Pierce Acquires Multifamily Property In Jamaica Plain For $1.75M
SOLDMultiFamily

William S. Pierce Acquires Multifamily Property In Jamaica Plain For $1.75M

2 Parley Vale, Jamaica Plain, MA, USA

$1,750,000

$491/SF

Building Size

3,560 SF

Asset Type

MultiFamily

Closing

Mar 4, 2021

About this deal

AI

The multifamily property located at 2 Parley Vale in Jamaica Plain has been sold in a recent transaction. The property spans 3,560 square feet and was sold for a price of $1,750,000, resulting in a price per square foot of $492. The buyer of the property was William S. Pierce, while the sellers were Brendan Hickey and Elizabeth B. Lang.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,750,000
  • Square Footage: 3,560
  • Price Per Square Foot: $492
  • Address: 2 Parley Vale, Jamaica Plain
  • Buyer: William S. Pierce
  • Seller: Brendan Hickey & Elizabeth B. Lang

In this transaction, William S. Pierce acted as the buyer, acquiring the multifamily property. On the other hand, Brendan Hickey and Elizabeth B. Lang served as the sellers in the deal.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $491 per square foot on a published $1.8M for 3,560 square feet (2021).

Browse Boston multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets