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Red Tree Real Estate Acquires Multifamily Property On Weld Hill Street In Boston For $1.3M

Property Image
SOLD
$1,300,000
Lee Kennon
Diane Capodilupo

Massachusetts

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MultiFamily3,505 SF
Sold
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Property Image
SOLD

Red Tree Real Estate Acquires Multifamily Property On Weld Hill Street In Boston For $1.3M

24 Weld Hill Street

See Similar Deals
MultiFamily3,505 SF
Sold
Lee Kennon
Diane Capodilupo
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$370
Total Square Footage:3505 SF
Transaction Type:Sale

In Boston, Massachusetts, a multifamily property located at 24 Weld Hill Street has recently been sold. The property was sold for a total price of $1.3 million and comprises a total area of 3,505 square feet. The price per square foot for this transaction was $371.

Summary of transaction details

The buyer in this transaction, represented by Lee Kennon of Red Tree Real Estate, acquired the multifamily property at 24 Weld Hill Street. On the other hand, the seller was represented by Diane Capodilupo of Diane Capodilupo & Company. The transaction highlights the involvement of these key individuals and their respective agencies in facilitating the sale.

Players

Lee Kennon
Red Tree Real Estate
Lee Kennon
2 deals$2.6M volume
BROKER
Diane Capodilupo
Diane Capodilupo & Company
Diane Capodilupo
2 deals$2.3M volume(617) 323-5050
BROKER

Details

SOLD
IMAGE: Lee Kennon & Diane Capodilupo DATE: 10/26/2023 ADDRESS: 24 Weld Hill Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Lee Kennon - Red Tree Real Estate (@RedTreeBoston) SELLER'S REP: Diane Capodilupo (@DianeCapodilupoandCompany) - Diane Capodilupo & Company SALE PRICE: $1,300,000 SF: 3,505 ~ PPSF: $371 NOTE: In Boston, Massachusetts, a multifamily property at 24 Weld Hill Street has been sold for $1.3 million, with Lee Kennon of Red Tree Real Estate representing the buyer and Diane Capodilupo of Diane Capodilupo & Company representing the seller.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,618.64
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