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Fenway Row House At 23 Symphony Road Sells For $4.85 Million In Boston Multifamily Market
SOLD
$4,850,000
Massachusetts
See Similar DealsMultiFamily4,912 SF
Sold 08/23/2024
SOLD
Fenway Row House At 23 Symphony Road Sells For $4.85 Million In Boston Multifamily Market
23 Symphony Road
See Similar DealsMultiFamily4,912 SF
Sold 08/23/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$987
Total Square Footage:4,912 SF
Transaction Type:Sale
A Fenway row house located at 23 Symphony Road, Boston, MA, was sold for $4,850,000. The property consists of 17 beds and 5 baths, covering a total area of 4,912 square feet, with a price per square foot of $987.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,850,000
- Address: 23 Symphony Road
- Market: Boston, MA
- Square Footage: 4,912
- Price per Square Foot: $987
- Broker: Alp Kantar - Boston Brokerage Group
Alp Kantar represented the transaction as the broker from Boston Brokerage Group. The deal was finalized on 08/23/2024.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$258,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,231.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,991.47
Annual Debt Service$275,897.69
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