Updated Sep 9, 2024
Boston Trust Realty Group Acquires Multifamily Property On Magnolia St For $1.05M
25 Magnolia St, Boston, MA 02125
$1,050,000
$259/SF
Building Size
4,044 SF
Asset Type
MultiFamily
Closing
Jan 6, 2022
About this deal
AI
A multifamily property located at 25 Magnolia St in Boston, MA has been sold for a price of $1,050,000. The property spans 4,044 square feet, resulting in a price per square foot of $260. This transaction was facilitated by broker Robert Nichols of Boston Trust Realty Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 25 Magnolia St, Boston, MA
- Market: Boston, MA
- Broker: Robert Nichols - Boston Trust Realty Group
- Square Footage: 4,044
- Price per Square Foot: $260
This sale of a multifamily property at 25 Magnolia St in Boston, MA was successfully executed with the assistance of broker Robert Nichols from Boston Trust Realty Group. The deal reflects the demand and market value of properties in Boston's real estate market.
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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93