Compass Facilitates $2.35M Sale Of Multifamily Property In Boston
SOLD
$2,350,000
Massachusetts
See Similar DealsMultiFamily3,732 SF
Sold 07/12/2022
SOLD
Compass Facilitates $2.35M Sale Of Multifamily Property In Boston
25 Wilson Park, Brighton, Massachusetts 02135, United States
See Similar DealsMultiFamily3,732 SF
Sold 07/12/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$629
Total Square Footage:3,732 SF
Transaction Type:Sale
The multifamily property located at 25 Wilson Park in Boston, MA has been sold. The transaction took place on 07/12/2022. The property, spanning over 3,732 square feet, was sold for a price of $2,350,000. This equates to a price per square foot of $630.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,350,000
- Date: 07/12/2022
- Address: 25 Wilson Park, Boston, MA
Bernadine Tsung Megason, representing Compass, acted as the buyer's agent in the transaction while The Collective, also represented by Compass, served as the seller's representative.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
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