Daily limit: 0/10
Multifamily Property In East Boston, MA Sold For $1.46M With Brokers Nicoletta Longo & Realty Boston Team
SOLD
$1,460,000
Massachusetts
See Similar DealsMultiFamily3,005 SF
Sold 01/05/2024
SOLD
Multifamily Property In East Boston, MA Sold For $1.46M With Brokers Nicoletta Longo & Realty Boston Team
224 Lexington Street
See Similar DealsMultiFamily3,005 SF
Sold 01/05/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$485
Total Square Footage:3,005 SF
Transaction Type:Sale
A multifamily property located at 224 Lexington Street in East Boston, MA, has been sold for $1,460,000. The property spans 3,005 square feet, resulting in a price per square foot of $486.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,460,000
- Square Feet: 3,005
- Price per Square Foot: $486
- Address: 224 Lexington Street, East Boston, MA
- Market: East Boston, MA
The sale of this multifamily property was facilitated by brokers Nicoletta Longo and the Realty Boston Team of Century 21 Cityside. They played integral roles in ensuring the successful completion of this transaction.
Players
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
Contact
Get in touch with the broker you want
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)
$77,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,187.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,921.14
Annual Debt Service$83,053.74
Is there something missing? Send suggestions