SOLDMultiFamily
$1.25M Multifamily Sale In Boston, MA At 229 Centre St By Kerry Dowlin - Leading Edge Real Estate
229 Centre St, Boston, Massachusetts, USA
$1,250,000
$332/SF
Building Size
3,762 SF
Asset Type
MultiFamily
Closing
May 16, 2021
AI
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Date: 05/17/2021
- Address: 229 Centre St, Boston, MA
- Market: Boston, MA
The multifamily property located at 229 Centre St in Boston, MA was sold for a total of $1,250,000 on 05/17/2021. The property spans across 3,762 square feet, resulting in a price per square foot of $332.
The transaction was facilitated by Kerry Dowlin, a broker from Leading Edge Real Estate.
Boston 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93