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26 Antwerp Street, Boston, ...

Norma Picard From NextGen Realty, Inc. Acquires Multifamily Property On 26 Antwerp Street, Boston, MA For $1.575M
SOLDMultiFamily

Norma Picard From NextGen Realty, Inc. Acquires Multifamily Property On 26 Antwerp Street, Boston, MA For $1.575M

26 Antwerp Street, Boston, Massachusetts, USA

$1,575,000

$485/SF

Building Size

3,242 SF

Asset Type

MultiFamily

Closing

Mar 22, 2021

AI

Located at 26 Antwerp Street in Boston, MA, this multifamily property was recently sold for $1,575,000. The transaction date was 03/23/2021, and the property spans a total of 3,242 square feet. With a price per square foot of $486, this property offers great value for potential buyers.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,575,000
  • SF: 3,242
  • PPSF: $486

The seller was represented by The Residential Group from William Raveis R.E. & Home Services, while the buyer was represented by Norma Picard from NextGen Realty, Inc. Both agents played crucial roles in facilitating this successful sale.

Players

Norma Picard

Broker

$1.6M

vol

1 deal

Broker

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

10.07%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93