Updated Sep 5, 2024
Leading Edge Real Estate Sells Multifamily Property In Boston, MA For $890,450
271 Princeton Street
$890,450
$291/SF
Building Size
3,057 SF
Asset Type
MultiFamily
Closing
Aug 8, 2022
About this deal
AI
A multifamily property located at 271 Princeton St in Boston, MA has been sold for a total price of $890,450. The property consists of 2 units, resulting in a per unit price of $445,225. The total square footage of the property is 3,057, with a price per square foot of $291.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $890,450
- Units: 2
- Price per Unit: $445,225
- Square Footage: 3,057
- Price per Square Foot: $291
- Address: 271 Princeton St, Boston, MA
- Market: Boston, MA
The transaction was brokered by Samuel Marcotte from Leading Edge Real Estate. Samuel Marcotte represented the buyer/seller/landlord/tenant in this deal.
Hartford 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
17.81%
Cash-on-Cash
-5.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93