Updated Dec 21, 2023
Jamal Adrien & Damond Hughes Sell Multifamily Property In Boston, MA For $1.1M
20 Josephine St, Boston, MA 02122
$1,129,000
$313/SF
Building Size
3,606 SF
Asset Type
MultiFamily
Closing
Apr 4, 2022
About this deal
AI
A multifamily property located at 20 Josephine St in Boston, MA has been sold for a price of $1,129,000. The property consists of 3 units, resulting in a price per unit of $376,333. It spans across a total area of 3,606 square feet, with a price per square foot of $313.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,129,000
- Address: 20 Josephine St, Boston, MA
- Market: Boston, MA
- Units: 3
- Price Per Unit: $376,333
- Square Footage: 3,606
- Price Per Square Foot: $313
The buyer's representative in this transaction was Jamal Adrien from Compass, while the seller's representative was Damond Hughes, also from Compass.
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
14.05%
Cash-on-Cash
-4.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93