Updated Dec 21, 2023
Coldwell Banker Realty - Sharon Sells Multifamily Property In Boston, MA For $1.02M With Buyer's Rep A. C. B. Realty Inc
21 Algonquin Street, Boston, Massachusetts, USA
$1,020,000
$261/SF
Building Size
3,908 SF
Asset Type
MultiFamily
Closing
Oct 13, 2021
About this deal
AI
The multifamily property located at 21 Algonquin St in Boston, MA has been sold for a total price of $1,020,000. The sale was finalized on October 13, 2021. The property spans across 3,908 square feet, resulting in a price per square foot of $261.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Date: 10/13/2021
- Address: 21 Algonquin St, Boston, MA
- Market: Boston, MA
The buyer's representative for this transaction is Jennifer Christie, from A. C. B. Realty Inc. On the other hand, Fritznel Gabelus represented the seller as a Coldwell Banker Realty agent based in Sharon.
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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93