Updated Oct 28, 2024
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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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