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25 Hinckley St, Boston, Dor...

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

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

Marlea Mesh

Coldwell Banker

Broker

$2.8M

vol

2 deals

Broker

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

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93