Updated Dec 4, 2024
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.
Jamaica Plain 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93