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Realty Express, LLC Sells Boston Multifamily For $1M At 23 Alpine St

Property Image
SOLD
$1,000,000

Massachusetts

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MultiFamily3,675 SF
Sold 03/01/2022
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Property Image
SOLD

Realty Express, LLC Sells Boston Multifamily For $1M At 23 Alpine St

23 Alpine Street, Boston, Massachusetts 02136, United States

See Similar Deals
MultiFamily3,675 SF
Sold 03/01/2022
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$272
Total Square Footage:3,675 SF
Transaction Type:Sale

The multifamily property located at 23 Alpine St in Boston, MA has been sold. The property spans across 3,675 square feet and was sold for a total price of $1,000,000, resulting in a price per square foot of $272.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Square Footage: 3,675
  • Price per Square Foot: $272
  • Address: 23 Alpine St, Boston, MA
  • Market: Boston, MA

Representing the seller in this transaction was Robin W. Simon from Realty Express, LLC.

Players

1 deal$1M volume
BROKER

Details

SOLD
IMAGE: Robin W. Simon DATE: 03/01/2022 ADDRESS: 23 Alpine St MARKET: Boston, MA ASSET TYPE: Multifamily SELLER'S REP: Robin W. Simon - Realty Express, LLC SALE PRICE: $1,000,000 SF: 3,675 ~ PPSF: $272

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12