Updated May 12, 2025
Sean Packard & Heather Carbone's Multifamily In Boston, MA Sold For $1.375M - Buyer's Rep: Sean Packard - Centre Realty Group, Seller's Rep: Heather Carbone - ERealty Advisors, Inc
21 Rowell Street, Boston, Dorchester, Massachusetts, USA
$1,375,000
$440/SF
Building Size
3,123 SF
Asset Type
MultiFamily
Closing
May 24, 2020
About this deal
AI
The property involved in the transaction is located at 21 Rowell St in Boston, MA. This multifamily asset spans 3,123 square feet and was sold for $1,375,000, resulting in a price per square foot of $440.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,375,000
- Square Footage: 3,123
- Address: 21 Rowell St
- Market: Boston, MA
- Price Per Square Foot: $440
- Seller's Representative: Heather Carbone - eRealty Advisors, Inc.
- Buyer's Representative: Sean Packard - Centre Realty Group
Heather Carbone represented the seller in this transaction, while Sean Packard acted on behalf of the buyer, further facilitating the sale within the complex multifamily market. Their roles were crucial in navigating the transaction to completion.
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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93