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20 Wellington Street, Bosto...

Rene Rodriguez Acquires Multifamily Property In Boston, MA For $3.36M
SOLDMultiFamily

Rene Rodriguez Acquires Multifamily Property In Boston, MA For $3.36M

20 Wellington Street, Boston, Massachusetts 02118, United States

$3,363,000

$953/SF

Building Size

3,528 SF

Asset Type

MultiFamily

Closing

Jun 16, 2022

AI

Located at 20 Wellington St in Boston, MA, this multifamily property was recently sold in a closed transaction. The sale was facilitated by Rene Rodriguez of Cabot & Company, who represented the buyer, and Thom McGair of Coldwell Banker Realty - South End, who represented the seller.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,363,000
  • Square Footage: 3,528
  • Price per Square Foot: $953
  • Address: 20 Wellington St, Boston, MA
  • Market: Boston, MA

Rene Rodriguez of Cabot & Company acted as the buyer's representative in this transaction, while Thom McGair of Coldwell Banker Realty - South End represented the seller. The property offers a spacious area of 3,528 square feet and was sold at a price of $3,363,000, resulting in a price per square foot of $953.

Players

Rene Rodriguez

Cabot & Company

Broker

$88.2M

vol

10 deals

Broker

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

4.72%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93