Insight Realty Group Acquires Multifamily Property In Boston, MA For $1.05M
28 Pinedale Road, Boston, Massachusetts, USA
$1,050,000
$312/SF
Building Size
3,357 SF
Asset Type
MultiFamily
Closing
Nov 3, 2021
AI
Located at 28 Pinedale Rd, this multifamily property in Boston, MA recently sold for $1,050,000. Spanning across 3,357 square feet, the property offers a spacious living space for its residents. The price per square foot for this transaction was $313.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 28 Pinedale Rd, Boston, MA
- Market: Boston, MA
- Square Footage: 3,357
- Price Per Square Foot: $313
The sale of this property was facilitated by Steven Musto from Insight Realty Group, Inc. as the broker representing the deal.
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93