Updated Dec 21, 2023
Tarek Ali Hassan Acquires Multifamily Property In East Boston For $1.6M
238 Lexington Street, East Boston, Boston, MA 02128, USA
$1,630,500
$508/SF
Building Size
3,209 SF
Asset Type
MultiFamily
Closing
Jun 25, 2020
About this deal
AI
The multifamily property located at 238 Lexington Street in East Boston, Eagle Hill has been sold. The sale took place on 6/26/2020. The property has a total square footage of 3,209 and was sold for a price of $1,630,500, resulting in a price per square foot of $314.74.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,630,500
- Address: 238 Lexington Street
- Market: East Boston, Eagle Hill
Tarek Ali Hassan has purchased the property. The transaction was facilitated by broker Christine Girard.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Re/Max to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93