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205-207 Boylston Street, Bo...

Arborview Realty Inc Acquires Multifamily Property In Boston For $1.7M
SOLDMultiFamily

Arborview Realty Inc Acquires Multifamily Property In Boston For $1.7M

205-207 Boylston Street, Boston, Massachusetts 02130, United States

$1,700,000

$278/SF

Building Size

6,111 SF

Asset Type

MultiFamily

Closing

Mar 30, 2022

AI

Located at 205-207 Boylston St in Boston, MA, this multifamily property was recently sold. The transaction took place on 03/31/2022, with a sale price of $1,700,000. The property spans across 6,111 square feet, resulting in a price per square foot of $278.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,700,000
  • Date: 03/31/2022
  • Address: 205-207 Boylston St, Boston, MA
  • Market: Boston, MA
  • Buyer's Representative: Stephen Lussier - Arborview Realty Inc
  • Seller's Representative: Marcel Rosa - Startpoint Realty
  • Square Footage: 6,111
  • Price per Square Foot: $278

Stephen Lussier from Arborview Realty Inc represented the buyer in this transaction, while Marcel Rosa from Startpoint Realty represented the seller. The deal showcases the expertise and negotiation skills of these two professionals in the Boston real estate market.

Players

Stephen Lussier

Arborview Realty

Broker

$6.8M

vol

5 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

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93