Updated Dec 21, 2023
Delmaschio Group Realty Sells Multifamily Property In Boston For $1.06M
26-28 Richardson Street, Boston, Massachusetts, USA
$1,067,000
$445/SF
Building Size
2,394 SF
Asset Type
MultiFamily
Closing
Apr 6, 2021
About this deal
AI
The multifamily property located at 26-28 Richardson Street in Boston, MA was recently sold for a price of $1,067,000. The property spans a total square footage of 2,394, resulting in a price per square foot of $446.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,067,000
- Date of Sale: 04/07/2021
- Address: 26-28 Richardson Street, Boston, MA
- Market: Boston, MA
The sale of this multifamily property was facilitated by Jucelia Oliveira from Delmaschio Group Realty, representing the seller. The buyer was represented by Yan Zhao from HMW Real Estate, LLC.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.87%
Cash-on-Cash
-4.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93