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.
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