Gibson Sotheby's International Realty Acquires Multifamily Property In Boston For $1.1M
21 Wenham Street, Boston, MA, USA
$1,100,000
$364/SF
Building Size
3,018 SF
Asset Type
MultiFamily
Closing
Feb 15, 2021
AI
The multifamily property located at 21 Wenham Street in Boston, MA has been sold for $1,100,000. The property spans 3,018 square feet, resulting in a price per square foot of $364.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 21 Wenham Street, Boston, MA
- Market: Boston, MA
The seller's representative in this transaction was Benjamin Bern from Popular Properties Realty, Inc., while the buyer's representative was Kris Kososki from Gibson Sotheby's International Realty.
Players
Boston 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93