Updated Dec 4, 2024
Yaxing Zhou & Sisy Qu Facilitate $1.29M Sale In Jamaica Plain
2 Wyman Place
$1,291,000
$434/SF
Building Size
2,970 SF
Asset Type
MultiFamily
Closing
Apr 23, 2024
About this deal
AI
Located at 2 Wyman Pl in Boston's Jamaica Plain, this fully rented 3-family property recently changed ownership in a transaction valued at $1,291,000. The property offers 6 beds, 3 baths, and spans 2,970 sq ft of living space, with a price per unit of $430,333 and a price per square foot of $435.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,291,000
- Address: 2 Wyman Place
- Market: Jamaica Plain, MA
- Units: 3
- SF: 2,970
- Buyer's Rep: Yaxing Zhou - Ripple Realty Group
- Seller's Rep: Sisy Qu - EXP Realty
The buyer's representative for this transaction was Yaxing Zhou from Ripple Realty Group, while the seller was represented by Sisy Qu from EXP Realty.
On the Map
$1,291,000
$434/SF
MultiFamily
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Jamaica Plain 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
12.29%
Cash-on-Cash
-3.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93