Eric Johnson Of Compass Sells Multifamily Property In Boston, MA For $1.92M
SOLD
$1,920,000
Massachusetts
See Similar DealsMultiFamily2,600 SF
Sold 05/06/2022
SOLD
Eric Johnson Of Compass Sells Multifamily Property In Boston, MA For $1.92M
212 Calumet St, Boston, MA 02120
See Similar DealsMultiFamily2,600 SF
Sold 05/06/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$738
Total Square Footage:2,600 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$102,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,821.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,101.78
Annual Debt Service$109,221.35
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