Multifamily Property On School St In Jamaica Plain, MA Sells For $2.64M
26 School St
$2,640,000
$483/SF
Building Size
5,466 SF
Asset Type
MultiFamily
Closing
Mar 31, 2023
AI
A fantastic multifamily property located at 26 School St, Jamaica Plain, MA changed hands for a whopping $2.64 million! The property boasts a spacious 5,466 square feet area, making its price per square foot (PPSF) an impressive $483.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,640,000
- Address: 26 School St, Jamaica Plain, MA
- Market: Jamaica Plain, MA
The buyer was represented by the skilled Darren Swain from Capital Residential Group, LLC, while the charming Markese Daise from Stony Brook & Lennox Realty Advisors represented the seller.
Players
Brisbane 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
6.01%
Cash-on-Cash
-1.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93