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21 Maywood Street

Jeff Grand Sells 3-Unit Multifamily Property In Boston For $1.2M
SOLDMultiFamily

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

Jeff Grand

Centre Realty Group

Broker

$1.2M

vol

1 deal

Broker

Roxbury 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93