Multifamily Property In East Boston Sold For $1.03M With Buyer's Rep Stephanie Rivkind Finnigan & Seller's Rep Christie Xie
23 Eutaw Street
$1,035,000
$333/SF
Building Size
3,102 SF
Asset Type
MultiFamily
Closing
Sep 27, 2023
AI
A multifamily property located at 23 Eutaw Street in East Boston, MA was sold for $1,035,000. The property has a total square footage of 3,102 and a price per square foot of $334.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,035,000
- Address: 23 Eutaw Street, East Boston, MA
- Market: East Boston, MA
Stephanie Rivkind Finnigan from Coldwell Banker represented the buyer in this transaction, while Christie Xie from Nuage Real Estate Group represented the seller.
Players
East 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
15.33%
Cash-on-Cash
-4.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93