MIG Realty Brokers Hakim Sadler & Jeff Ravelo Sell Multifamily Property On Sudan Street For $1.57M
25 Sudan Street, Boston, Massachusetts 02125, United States
$1,575,000
$403/SF
Building Size
3,900 SF
Asset Type
MultiFamily
Closing
Sep 8, 2022
AI
Located in Boston, MA, the multifamily property at 25 Sudan Street has recently been sold in a closed transaction. The sale was facilitated by Hakim Sadler and Jeff Ravelo from MIG Realty.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,575,000
- Square Footage: 3,900
- Price Per Square Foot: $404
- Date: 09/09/2022
- Market: Boston, MA
Owned by undisclosed individuals or entities, this multifamily property stands out in the market with its impressive features. The property spans 3,900 square feet, offering ample space for its residents. The transaction, which took place on September 9, 2022, resulted in a sale price of $1,575,000. Hakim Sadler and Jeff Ravelo, representing MIG Realty, played a vital role in the successful completion of the deal.
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
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93