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23 Alpine Street, Boston, M...

Updated Dec 20, 2023

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

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

23 Alpine Street, Boston, Massachusetts 02136, United States

$1,000,000

$272/SF

Building Size

3,675 SF

Asset Type

MultiFamily

Closing

Feb 28, 2022

About this deal

AI

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

Robin W. Simon

Broker

$1M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $272 per square foot on a published $1M for 3,675 square feet (2022).

Visit Robin W. Simon to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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