Katelyn R. Nerbonne & Katherine L. Berstrom Acquire Multifamily Property In East Boston, MA
SOLD
$1,210,000
Massachusetts
See Similar DealsMultiFamily2,970 SF
Sold 07/26/2021
SOLD
Katelyn R. Nerbonne & Katherine L. Berstrom Acquire Multifamily Property In East Boston, MA
223 Everett Place, East Boston, Boston, MA, USA
See Similar DealsMultiFamily2,970 SF
Sold 07/26/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$407
Total Square Footage:2,970 SF
Transaction Type:Sale
The multifamily property located at 223 Everett St in East Boston, MA has been sold. The transaction took place on July 26, 2021. The property spans 2,970 square feet and was sold for a total price of $1,210,000, resulting in a price per square foot of $407. The property consists of 3 units, with an average price per unit of $403,333.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,210,000
- Square Footage: 2,970
- Address: 223 Everett St, East Boston, MA
- Market: East Boston, MA
The sellers of the property were Everett Clonboo and Paul J. Hardiman, while the buyers were Katelyn R. Nerbonne and Katherine L. Berstrom.
Additional information about the deal's key individuals and companies involved in the transaction is not available.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,298.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,736.02
Annual Debt Service$68,832.21
Is there something missing? Send suggestions