Sonali Weerackody Acquires 9-Unit Multifamily In Roxbury For $3.3M
SOLD
$3,300,000
Massachusetts
See Similar DealsMultiFamily100,000 SF
Sold 03/03/2020
SOLD
Sonali Weerackody Acquires 9-Unit Multifamily In Roxbury For $3.3M
24 Seaver St, Boston, MA 02121, USA
See Similar DealsMultiFamily100,000 SF
Sold 03/03/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$33
Total Square Footage:100,000 SF
Transaction Type:Sale
The multifamily property located at 24 Seaver Street in Roxbury has been sold for $3,300,000. Spanning a total of 10,000 square feet, the property was sold at a price of $330 per square foot. The property consists of 9 units, resulting in a price per unit of $366,666.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,300,000
- Property Size: 10,000 square feet
- Price per Square Foot: $330
- Number of Units: 9
- Price per Unit: $366,666
The seller of the property was City Realty Group, represented by Fred Starikov and Stephen Whalen. The buyer in this transaction was Sonali Weerackody. The deal was facilitated by Jeff Ravelo from Boston Trust Realty Group and William Raveis from R.E. & Home Services.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
Is there something missing? Send suggestions