Updated Dec 21, 2023
Marcus & Millichap Brokers Sell Multifamily Property In Roslindale, MA For $3.6M
24 Colgate Road, Roslindale, Massachusetts, USA
$3,600,000
$333/SF
Building Size
10,800 SF
Asset Type
MultiFamily
Closing
Jun 4, 2020
About this deal
AI
The multifamily property located at 24 Colgate Rd in Roslindale, MA has recently been sold for a price of $3,600,000. The transaction took place on 06/04/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,600,000
- Address: 24 Colgate Rd, Roslindale, MA
- Market: Roslindale, MA
- Brokers: Evan Griffith & Tony Pepdjonovic - Marcus & Millichap
- Units: 16
- Price Per Unit (PPU): $225,000
Evan Griffith & Tony Pepdjonovic from Marcus & Millichap represented the involved parties in this transaction. They acted as the brokers in this deal.
Players
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93