Compass Represents Sale Of Multifamily Property In Boston, MA For $2.82M
SOLD
$2,820,000
Massachusetts
See Similar DealsMultiFamily4,163 SF
Sold 06/23/2022
SOLD
Compass Represents Sale Of Multifamily Property In Boston, MA For $2.82M
226 Calumet Street, Roxbury, Massachusetts 02120, United States
See Similar DealsMultiFamily4,163 SF
Sold 06/23/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$677
Total Square Footage:4,163 SF
Transaction Type:Sale
This multifamily property located at 226 Calumet St in Boston, MA has been sold for a total price of $2,820,000. The property spans 4,163 square feet, resulting in a price per square foot of $677.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,820,000
- Date: 06/23/2022
- Address: 226 Calumet St, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was Mission Realty Advisors, represented by Compass. On the seller's side, Eric Johnson, also from Compass, served as the representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$150,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,018.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,368.24
Annual Debt Service$160,418.86
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