Realty Express, LLC Sells Boston Multifamily For $1M At 23 Alpine St
SOLD
$1,000,000
Massachusetts
See Similar DealsMultiFamily3,675 SF
Sold 03/01/2022
SOLD
Realty Express, LLC Sells Boston Multifamily For $1M At 23 Alpine St
23 Alpine Street, Boston, Massachusetts 02136, United States
See Similar DealsMultiFamily3,675 SF
Sold 03/01/2022
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.
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Deal Type
30 years
10 years
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
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