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
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