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21 Wenham Street, Boston, M...

Updated Sep 5, 2024

Gibson Sotheby's International Realty Acquires Multifamily Property In Boston For $1.1M
SOLDMultiFamily

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

About this deal

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.

The multifamily sale at 21 Wenham Street, Boston, MA, USA in Boston, Massachusetts sold for $1.1M in 2021. The building is 3,018 square feet, implying about 364 per square foot on the published price. Benjamin Bern, Kris Kososki, Sotheby's International Realty, Keller Williams Realty appear on the sale alongside Sotheby's International Realty, Keller Williams Realty. This page is the Boston, Massachusetts file for the 21 Wenham Street, Boston, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 21 Wenham Street, Boston, MA, USA around 2021. Published consideration for 21 Wenham Street, Boston, MA, USA is $1.1M, dated 2021. Cite this Gibson Sotheby's International Realty Acquires Multifamily Property In Boston For $1.1M sale when underwriting similar multifamily product around Boston, Massachusetts.

On the Map

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$1,100,000

$364/SF

MultiFamily

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Players

Benjamin Bern

Keller Williams Realty

Broker

$9.2M

vol

5 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $364 per square foot on a published $1.1M for 3,018 square feet (2021).

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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

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