SOLDMultiFamily
Boston Brokerage Group & Compass Facilitates $2.8M Sale Of Multifamily Property in Roxbury, MA
228 Calumet Street
$2,800,000
$508/SF
Building Size
5,502 SF
Asset Type
MultiFamily
Closing
Jan 31, 2024
AI
The multifamily property located at 228 Calumet Street in Roxbury, MA, was sold for $2.8 million. The property spans 5,502 square feet, resulting in a price per square foot of $509.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Address: 228 Calumet Street
- Market: Roxbury, MA
- Buyer's Rep: Alp Kantar - Boston Brokerage Group
- Seller's Rep: Mission Realty Advisors - Compass
Alp Kantar of Boston Brokerage Group represented the buyer, while Mission Realty Advisors of Compass represented the seller in the transaction.
Roxbury Crossing MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93