Prime| Solutions - R.E. Holdings Acquires Multifamily Property In Hyde Park For $1.885M
28-30 Hillis Road, Hyde Park, Massachusetts, USA
$1,885,000
$334/SF
Building Size
5,637 SF
Asset Type
MultiFamily
Closing
Feb 17, 2021
AI
The multifamily property located at 28-30 Hillis Road in Hyde Park, MA was recently sold for a price of $1,885,000. The property has a total square footage of 5,637, resulting in a price per square foot of $334. The sale took place on February 18, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,885,000
- Address: 28-30 Hillis Road, Hyde Park, MA
- Market: Hyde Park, MA
The seller of the property was Daled Props LLC, while the buyer was Prime| Solutions - R.E. Holdings & Management, LLC. The transaction was facilitated by Hakim Sadler from the Multifamily Investment Group at Boston Trust Realty Group.
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
8.42%
Cash-on-Cash
-2.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93