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228 Calumet Street

Boston Brokerage Group & Compass Facilitates $2.8M Sale Of Multifamily Property in Roxbury, MA
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:

Alp Kantar of Boston Brokerage Group represented the buyer, while Mission Realty Advisors of Compass represented the seller in the transaction.

Players

Alp Kantar

Boston Brokerage Group

Broker

$28.7M

vol

13 deals

Broker

Roxbury Crossing 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

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93