Zachary Gerg Acquires Multifamily Property In Boston, MA For $1.275M
25 Hinckley St, Boston, Dorchester, Massachusetts, USA
$1,275,000
$336/SF
Building Size
3,786 SF
Asset Type
MultiFamily
Closing
May 6, 2021
AI
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
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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93