Perlera RealEstate Facilitates $1M Sale Of Multifamily Property In Boston
SOLD
$1,000,000
Massachusetts
See Similar DealsMultiFamily3,455 SF
Sold 01/20/2021
SOLD
Perlera RealEstate Facilitates $1M Sale Of Multifamily Property In Boston
252 Princeton Street, Boston, MA, USA
See Similar DealsMultiFamily3,455 SF
Sold 01/20/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$289
Total Square Footage:3,455 SF
Transaction Type:Sale
A multifamily property located at 252 Princeton Street in Boston, MA was recently sold for $1,000,000. The property spans approximately 3,455 square feet, resulting in a price per square foot of $289. The sale of this multifamily asset was facilitated by Saul Perlera of Perlera RealEstate.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 252 Princeton Street, Boston, MA
- Market: Boston, MA
- Broker: Saul Perlera - Perlera RealEstate
- Square Footage: 3,455
- Price per Square Foot: $289
The sale of this multifamily property on 252 Princeton Street was successfully executed with the assistance of Saul Perlera, a representative from Perlera RealEstate.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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