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22 Boynton Street

Updated Dec 4, 2024

Unee Washington Of Uw Realty Company Sells Multifamily Property At 22 Boynton Street For $1.35M
SOLDMultiFamily

Unee Washington Of Uw Realty Company Sells Multifamily Property At 22 Boynton Street For $1.35M

22 Boynton Street

$1,350,000

$385/SF

Building Size

3,506 SF

Asset Type

MultiFamily

Closing

Aug 27, 2024

About this deal

AI

This multifamily asset, located at 22 Boynton Street in Boston, MA, was sold for $1,350,000. The property encompasses 3 units within a total of 3,506 square feet, resulting in a price per unit of $450,000 and a price per square foot of $385. The property is positioned in a central area near public transit facilities.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Units: 3
  • Square Footage: 3,506
  • Price Per Unit: $450,000
  • Price Per Square Foot: $385
  • Broker: Unee Washington - Uw Realty Company

The property features spacious units primarily targeted at renters, with one unit currently vacant. This transaction was completed by Unee Washington, representing the seller in the deal.

On the Map

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$1,350,000

$385/SF

MultiFamily

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Players

Unee Washington

Uw Realty Company

Broker

$2.8M

vol

2 deals

Broker

Jamaica Plain MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $385 per square foot on a published $1.4M for 3,506 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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