Updated Sep 5, 2024
Kylan Philbert-Richardson & Markese Daise Acquire Boston Multifamily For $1.025M
23-25 Rockledge Street, Boston, Roxbury, MA, USA
$1,025,000
$487/SF
Building Size
2,104 SF
Asset Type
MultiFamily
Closing
Jan 25, 2021
About this deal
AI
The multifamily property located at 23-25 Rockledge Street in Boston, MA has been sold for a price of $1,025,000. The property spans 2,104 square feet, resulting in a price per square foot of $487.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Address: 23-25 Rockledge Street, Boston, MA
- Market: Boston, MA
The seller's representative, Markese Daise from Boston Trust Realty Group, facilitated the transaction, while the buyer was represented by Kylan Philbert-Richardson from A. C. B. Realty Inc.
Players
Boston 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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93