Updated Dec 21, 2023
Tigran Yesayan Acquires 6-Unit Multifamily Property In Roslindale, MA For $1.6M
21 Whipple Ave, Roslindale, Boston, MA, USA
$1,600,000
$294/SF
Building Size
5,439 SF
Asset Type
MultiFamily
Closing
Sep 22, 2021
About this deal
AI
A multifamily property located at 21 Whipple Ave in Roslindale, MA has been sold in a recent transaction. The property, consisting of 6 units with a total square footage of 5,439, was sold for a price of $1,600,000. This translates to an average price per unit of $533,333 and a price per square foot of $294.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 6
- Price per Unit: $533,333
- Square Footage: 5,439
- Price per Square Foot: $294
- Address: 21 Whipple Ave, Roslindale, MA
- Market: Roslindale, MA
The buyer of the property is Tigran Yesayan, while the sellers are Zhi G. Lin and Zhi S. Lin.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93