Updated Dec 21, 2023
Compass Sells Multifamily Property In Boston, MA For $1.177M With Broker Adam Geragosian
3 Allston Street, Boston, Massachusetts 02124, United States
$1,177,000
$530/SF
Building Size
2,217 SF
Asset Type
MultiFamily
Closing
May 4, 2022
About this deal
AI
A multifamily property located at 3 Allston St in Boston, MA has been sold for a total of $1,177,000. The property spans across 2,217 square feet with a price per square foot of $531. The sale was facilitated by Adam Geragosian from Compass.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,177,000
- Address: 3 Allston St, Boston, MA
- Square Footage: 2,217
- Price Per Square Foot: $531
- Broker: Adam Geragosian - Compass
This transaction was completed on 05/05/2022 and the property is located in the vibrant market of Boston, MA. The involvement of Compass, represented by Adam Geragosian, played a crucial role in successfully closing this deal.
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
13.48%
Cash-on-Cash
-3.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93