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23 Hastings Street, Boston,...

Updated Dec 21, 2023

Jacques A. Sarkis Acquires Multifamily Property In West Roxbury For $1.325M
SOLDMultiFamily

Jacques A. Sarkis Acquires Multifamily Property In West Roxbury For $1.325M

23 Hastings Street, Boston, MA, USA

$1,325,000

$404/SF

Building Size

3,277 SF

Asset Type

MultiFamily

Closing

Jun 28, 2021

About this deal

AI

The multifamily property located at 23 Hastings St in West Roxbury, MA has been sold in a recent transaction. The property spans a total of 3,277 square feet and was sold for a price of $1,325,000. This translates to a price per square foot of $404.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,325,000
  • Address: 23 Hastings St, West Roxbury, MA
  • Market: West Roxbury, MA
  • Square Footage: 3,277

The seller of the property was Mikhail Starikov, while the buyer was Jacques A. Sarkis. The transaction involved a total of three units, with an average price per unit of $441,667.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $404 per square foot on a published $1.3M for 3,277 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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