Updated Dec 19, 2023
Sung P. Yoon Acquires Multifamily Property On Lexington St, East Boston For $1.3M
209-211 Lexington St, East Boston, Boston, Massachusetts, USA
$1,325,000
$308/SF
Building Size
4,296 SF
Asset Type
MultiFamily
Closing
Sep 9, 2021
About this deal
AI
The multifamily property located at 209-211 Lexington St in East Boston, MA has been sold for a total price of $1,325,000. The sale took place on 09/09/2021, and the property consists of three units with a total area of 4,296 square feet. The price per unit was approximately $441,667, and the price per square foot was around $308.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,325,000
- Units: 3
- Price Per Unit: $441,667
- Total Square Feet: 4,296
- Price Per Square Foot: $308
The buyer of the property is Sung P. Yoon, while the sellers are Dominic Poncia and Andrew Krebs-Smith.
Please note that no additional information was provided regarding the property or the individuals involved in the transaction.
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
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93