Christian Iantosca Of Arborview Realty Inc. Sells Multifamily Property On Goodrich Rd In Boston For $1.71M
SOLD
$1,710,000
Massachusetts
See Similar DealsMultiFamily3,908 SF
Sold 03/10/2022
SOLD
Christian Iantosca Of Arborview Realty Inc. Sells Multifamily Property On Goodrich Rd In Boston For $1.71M
26-28 Goodrich Road, Boston, Massachusetts 02130, United States
See Similar DealsMultiFamily3,908 SF
Sold 03/10/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$437
Total Square Footage:3,908 SF
Transaction Type:Sale
Located at 26-28 Goodrich Rd in Boston, MA, this sale transaction involved a multifamily property. The property spans 3,908 square feet and was sold for a price of $1,710,000, resulting in a price per square foot of $438.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,710,000
- Address: 26-28 Goodrich Rd, Boston, MA
- Market: Boston, MA
I-ching Katie Scott from Barrett Sotheby's International Realty served as the buyer's representative in this transaction, while Christian Iantosca from Arborview Realty Inc. represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$91,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,075.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,106.27
Annual Debt Service$97,275.27
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