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25 Gardner St, Allston, Bos...

Updated Oct 28, 2024

Oak Hill Pk Randolph Llc Acquires Allston, MA Multifamily For $1.8M
SOLDMultiFamily

Oak Hill Pk Randolph Llc Acquires Allston, MA Multifamily For $1.8M

25 Gardner St, Allston, Boston, MA, USA

$1,834,750

$538/SF

Building Size

3,407 SF

Asset Type

MultiFamily

Closing

Sep 8, 2021

About this deal

AI

The multifamily property located at 25 Gardner St in Allston, MA has been sold in a recent transaction. The sale took place on September 9, 2021, with Oak Hill Pk Randolph Llc purchasing the property from 25 Gardner Street Rt & Yee M. Ng for a total price of $1,834,750. The property consists of three units, resulting in a price per unit of $611,583. It spans a total area of 3,407 square feet, translating to a price per square foot of $539.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,834,750
  • Address: 25 Gardner St, Allston, MA
  • Market: Allston, MA
  • Buyer: Oak Hill Pk Randolph Llc
  • Seller: 25 Gardner Street Rt & Yee M. Ng
  • Units: 3
  • Price Per Unit: $611,583
  • Square Footage: 3,407
  • Price Per Square Foot: $539

The sale of this multifamily property involved Oak Hill Pk Randolph Llc as the buyer and 25 Gardner Street Rt & Yee M. Ng as the seller. The transaction showcases the bustling real estate market in Allston, MA and highlights the desirability of this particular property. The involved parties' representatives played an integral role in facilitating the deal.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $538 per square foot on a published $1.8M for 3,407 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.65%

Cash-on-Cash

-2.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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