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25 Business Street, Boston,...

Updated Oct 28, 2024

25 Business St In Hyde Park, MA Sells For $1,175,000 To 25 Business St Dev Llc
SOLDMultiFamily

25 Business St In Hyde Park, MA Sells For $1,175,000 To 25 Business St Dev Llc

25 Business Street, Boston, MA, USA

$1,175,000

$331/SF

Building Size

3,544 SF

Asset Type

MultiFamily

Closing

Jul 6, 2021

About this deal

AI

The multifamily property located at 25 Business St in Hyde Park, MA has been sold for a total price of $1,175,000. The property spans across 3,544 square feet, resulting in a price per square foot of $332. The transaction involved the sale of a 4-unit building, with each unit being sold for an average price of $293,750.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,175,000
  • SF: 3,544
  • PPSF: $332
  • Units: 4
  • PPU: $293,750

The seller of the property was Paul E. Linder, while the buyer was 25 Business St Dev Llc.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $331 per square foot on a published $1.2M for 3,544 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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