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291 Beacon Street, Boston, ...

See Real Estate LLC Acquires Multifamily Property On 291 Beacon St In Boston For $5.6M
SOLDMultiFamily

See Real Estate LLC Acquires Multifamily Property On 291 Beacon St In Boston For $5.6M

291 Beacon Street, Boston, MA, USA

$5,643,880

$1,087/SF

Building Size

5,189 SF

Asset Type

MultiFamily

Closing

Jul 25, 2021

AI

The multifamily property located at 291 Beacon St in Boston, MA has been sold. The property consists of 12 units and spans approximately 5,189 square feet. The sale price for this transaction was $5,643,880, resulting in a price per square foot of $1,088. The buyer of the property is See Real Estate LLC.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $5,643,880
  • Address: 291 Beacon St
  • Market: Boston, MA
  • Units: 12

The seller of the property is David E. Weisman. See Real Estate LLC, represented by their broker, was the buyer in this transaction.

Players

RL
Real Estate LlcBuyer

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

2.81%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93