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212 Calumet St, Boston, MA ...

Eric Johnson Of Compass Sells Multifamily Property In Boston, MA For $1.92M
SOLDMultiFamily

Eric Johnson Of Compass Sells Multifamily Property In Boston, MA For $1.92M

212 Calumet St, Boston, MA 02120

$1,920,000

$738/SF

Building Size

2,600 SF

Asset Type

MultiFamily

Closing

May 5, 2022

AI

The multifamily property located at 212 Calumet St in Boston, MA has been sold for a total price of $1,920,000. The transaction was completed on 05/06/2022. The property consists of 2 units, resulting in a price per unit of $960,000. It spans across 2,600 square feet, with a price per square foot of $738.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,920,000
  • Date: 05/06/2022
  • Address: 212 Calumet St, Boston, MA
  • Market: Boston, MA
  • Units: 2
  • Price per Unit: $960,000
  • Square Footage: 2,600
  • Price per Square Foot: $738

The buyer's representative in this transaction was Henry Li from Thread Real Estate, LLC. The seller's representative was Eric Johnson from Compass.

Players

Eric Johnson

Compass

Broker

$34.4M

vol

17 deals

Broker

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

8.26%

Cash-on-Cash

-2.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93