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22 Beethoven St, Boston, Ma...

Updated Sep 5, 2024

Boston Trust Realty Group Acquires Multifamily Property In Boston, MA For $1.075M
SOLDMultiFamily

Boston Trust Realty Group Acquires Multifamily Property In Boston, MA For $1.075M

22 Beethoven St, Boston, Massachusetts, USA

$1,075,000

$479/SF

Building Size

2,244 SF

Asset Type

MultiFamily

Closing

Apr 25, 2021

About this deal

AI

A multifamily property located at 22 Beethoven St in Boston, MA has been sold in a recent transaction. The property, which was listed by Markese Daise of Boston Trust Realty Group and MIG Realty, was sold for a sale price of $1,075,000. The asking price for the property was $1,100,000. The property spans a total area of 2,244 square feet, resulting in a price per square foot of $479.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,075,000
  • Address: 22 Beethoven St, Boston, MA
  • Market: Boston, MA
  • Broker: Markese Daise - Boston Trust Realty Group, MIG Realty
  • Asking Price: $1,100,000
  • Square Footage: 2,244
  • Price Per Square Foot: $479

This transaction was facilitated by Markese Daise of Boston Trust Realty Group and MIG Realty. Their expertise and negotiation skills played a crucial role in the successful sale of the multifamily property at 22 Beethoven St. The buyer and seller were able to reach an agreement, resulting in the final sale price of $1,075,000.

Players

Markese Daise

Stony Brook & Lennox Realty Advisors

Broker

$22.4M

vol

15 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $479 per square foot on a published $1.1M for 2,244 square feet (2021).

Visit Markese Daise to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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