Updated Dec 21, 2023
Carl Christie Represents Sale Of Multifamily Property In Boston, MA For $6.2M
27 Bay State Rd, Boston, MA, USA
$6,200,000
$705/SF
Building Size
8,790 SF
Asset Type
MultiFamily
Closing
Dec 1, 2021
About this deal
AI
This multifamily property located at 27 Bay State Rd in Boston, MA was recently sold for a total price of $6,200,000. The transaction was facilitated by broker Carl Christie. The property spans across 8,790 square feet, resulting in a price per square foot of $705.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $6,200,000
Carl Christie, representing the seller or buyer, played a crucial role in the successful completion of this deal.
The multifamily sale at 27 Bay State Rd, Boston, MA, USA in Boston, Massachusetts sold for $6.2M in 2021. The building is 8,790 square feet, implying about 705 per square foot on the published price. Named participants on the 27 Bay State Rd, Boston, MA, USA sale are Carl Christie. This page is the Boston, Massachusetts file for the 27 Bay State Rd, Boston, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 27 Bay State Rd, Boston, MA, USA around 2021. Published consideration for 27 Bay State Rd, Boston, MA, USA is $6.2M, dated 2021. Cite this Carl Christie Represents Sale Of Multifamily Property In Boston, MA For $6.2M sale when underwriting similar multifamily product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93