Updated Dec 21, 2023
Biega & Kilgore Team Acquires Multifamily Building At 210 West Springfield St, Boston For $2.825M
210 West Springfield Street, Boston, Massachusetts 02118, United States
$2,825,000
$747/SF
Building Size
3,780 SF
Asset Type
MultiFamily
Closing
Jun 9, 2022
About this deal
AI
The multifamily property located at 210 West Springfield St in Boston, MA has been sold for $2,825,000. The property spans 3,780 square feet, resulting in a price per square foot of $747.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,825,000
- Address: 210 West Springfield St, Boston, MA
- Market: Boston, MA
- Buyer's Representative: The Biega + Kilgore Team - Compass
- Seller's Representative: The Cloutier Group - Compass
The Biega + Kilgore Team from Compass served as the buyer's representative, while The Cloutier Group, also from Compass, served as the seller's representative.
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
5.62%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93