James Silva Acquires Multifamily Property In Boston, MA For $1.05M
SOLD
$1,050,000
Massachusetts
See Similar DealsMultiFamily3,384 SF
Sold 02/08/2021
SOLD
James Silva Acquires Multifamily Property In Boston, MA For $1.05M
3 Bailey Street, Boston, Massachusetts, USA
See Similar DealsMultiFamily3,384 SF
Sold 02/08/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$310
Total Square Footage:3,384 SF
Transaction Type:Sale
The multifamily property located at 3 Bailey Street in Boston, MA has been sold for a price of $1,050,000. The property spans 3,384 square feet, resulting in a price per square foot of $310. The sale took place on February 8, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 3 Bailey Street, Boston, MA
- Market: Boston, MA
The seller's representative in this transaction was Dot Collection - Access Real Estate, while James Silva from At Home Real Estate Group, Inc represented the buyer. Additional details regarding the deal's key individuals and companies are not available.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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