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281 E Street, Boston, Massa...

Compass Broker Kristen Day Sells Multifamily Building In Boston, MA For $1.21M
SOLDMultiFamily

Compass Broker Kristen Day Sells Multifamily Building In Boston, MA For $1.21M

281 E Street, Boston, Massachusetts 02127, United States

$1,210,000

$553/SF

Building Size

2,187 SF

Asset Type

MultiFamily

Closing

May 5, 2022

AI

The multifamily property located at 281 E St in Boston, MA was recently sold for a price of $1,210,000. The property consists of 3 units, resulting in a price per unit of $403,333. The total square footage of the property is 2,187, making the price per square foot $533.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,210,000
  • Units: 3
  • Price per unit: $403,333
  • Square Footage: 2,187
  • Price per square foot: $533
  • Address: 281 E St, Boston, MA
  • Market: Boston, MA
  • Buyer's Representative: Lin Xu - Keller Williams Realty Cambridge
  • Seller's Representative: Kristen Day - Compass

The buyer's representative in this transaction was Lin Xu from Keller Williams Realty Cambridge, while Kristen Day from Compass represented the seller. These individuals played a crucial role in facilitating the sale of the multifamily property at 281 E St.

Players

Lin Xu

Dream Realty

Broker

$11.1M

vol

7 deals

Broker

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

13.11%

Cash-on-Cash

-3.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93