Jeff Grand Sells 3-Unit Multifamily Property In Boston For $1.2M
21 Maywood Street
$1,200,000
$365/SF
Building Size
3,288 SF
Asset Type
MultiFamily
Closing
Jun 28, 2024
AI
A three-family home at 21 Maywood St in Boston, featuring 8 bedrooms and 4 bathrooms across 3,288 square feet, sold for $1.2 million. The property, built in 1905 and renovated in 2003, was listed and sold by Jeff Grand of Centre Realty Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 3
- Price per Unit: $400,000
- Square Footage: 3,288
- Price per Square Foot: $365
- Address: 21 Maywood Street, Boston, MA
- Market: Boston, MA
The sale of the three-family home at 21 Maywood St was facilitated by Jeff Grand from Centre Realty Group, who represented the property in the transaction.
Players
Roxbury 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93