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Zachary Gerg Acquires Multifamily Property In Boston, MA For $1.275M

Property Image
SOLD
$1,275,000
Zachary Gerg
Marlea Mesh

Massachusetts

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MultiFamily3,786 SF
Sold 05/07/2021
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Property Image
SOLD

Zachary Gerg Acquires Multifamily Property In Boston, MA For $1.275M

25 Hinckley St, Boston, Dorchester, Massachusetts, USA

See Similar Deals
MultiFamily3,786 SF
Sold 05/07/2021
Zachary Gerg
Marlea Mesh
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$336
Total Square Footage:3,786 SF
Transaction Type:Sale

The multifamily property located at 25 Hinckley St in Boston, MA was recently sold for a price of $1,275,000. The property spans approximately 3,786 square feet, resulting in a price per square foot of $337.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,275,000
  • Square Footage: 3,786
  • Price per Square Foot: $337
  • Address: 25 Hinckley St, Boston, MA
  • Market: Boston, MA

The seller's representative for this transaction was Marlea Mesh from Coldwell Banker Realty - Milton, while the buyer's representative was Zachary Gerg from Gibson Sotheby's International Realty.

Players

Marlea Mesh
Coldwell Banker
Marlea Mesh
2 deals$2.8M volume
BROKER
Zachary Gerg
Sotheby's International Realty
Zachary Gerg
2 deals$2.9M volume
BROKER

Details

SOLD
IMAGE: Marlea Mesh & Zachary Gerg DATE: 05/07/2021 ADDRESS: 25 Hinckley St MARKET: Boston, MA ASSET TYPE: Multifamily SELLER'S REP: Marlea Mesh - Coldwell Banker Realty - Milton BUYER'S REP: Zachary Gerg - Gibson Sotheby's International Realty SALE PRICE: 1,275,000 SF: 3,786 ~ PPSF: $337

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,529.81
Cash-on-Cash Return-1.27%
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