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
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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