Updated Dec 21, 2023
$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
About this deal
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.
The multifamily sale at 229 Centre St, Boston, Massachusetts, USA in Boston, Massachusetts sold for $1.3M in 2021. The building is 3,762 square feet, implying about 332 per square foot on the published price. Kerry Dowlin, Leading Edge Real Estate appear on the sale alongside Leading Edge Real Estate. This page is the Boston, Massachusetts file for the 229 Centre St, Boston, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 229 Centre St, Boston, Massachusetts, USA around 2021. Published consideration for 229 Centre St, Boston, Massachusetts, USA is $1.3M, dated 2021. Cite this $1.25M Multifamily Sale In Boston, MA At 229 Centre St By Kerry Dowlin - Leading Edge Real Estate sale when underwriting similar multifamily product around Boston, Massachusetts.
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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