Updated Dec 20, 2023
Heather Carbone Acquires Multifamily Property On L Street In Boston, MA For $1.925M
247 L Street, Boston, MA, USA
$1,925,000
$480/SF
Building Size
4,005 SF
Asset Type
MultiFamily
Closing
Jan 10, 2021
About this deal
AI
The multifamily property located at 247 L Street in Boston, MA has been sold for a price of $1,925,000. The property spans 4,005 square feet, resulting in a price per square foot of $481.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,925,000
- Address: 247 L Street, Boston, MA
- Market: Boston, MA
The seller's representative in this transaction was the Jackie Rooney Team from Rooney Real Estate, LLC, while the buyer's representative was Heather Carbone from eRealty Advisors, Inc.
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
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93