Access Acquires Multifamily Property In Boston For $1.145M With Laurence Tamkin As Buyer's Rep
25 Browning Avenue, Boston, MA, USA
$1,145,000
$270/SF
Building Size
4,230 SF
Asset Type
MultiFamily
Closing
Jul 9, 2020
AI
A multifamily property located at 25 Browning Ave in Boston, MA has been sold for a total price of $1,145,000. The property spans across 4,230 square feet, resulting in a price per square foot of $271. The sale transaction was completed on 07/09/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,145,000
- Square Footage: 4,230
- Price per Square Foot: $271
- Market: Boston, MA
The seller was represented by Dot Collection - Access, while the buyer was represented by Laurence Tamkin of Boston Commercial Realty.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.85%
Cash-on-Cash
-3.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93