facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

25 Sudan Street, Boston, Ma...

MIG Realty Brokers Hakim Sadler & Jeff Ravelo Sell Multifamily Property On Sudan Street For $1.57M
SOLDMultiFamily

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

Jeff Ravelo

MIG Realty

Broker

$26.1M

vol

16 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

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