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
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.
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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93