Stephen McCarthy Sells Multifamily Property At 3 Pacific St, Boston For $1.45M
3 Pacific Street, South Boston, Massachusetts 02127, United States
$1,450,000
$611/SF
Building Size
2,373 SF
Asset Type
MultiFamily
Closing
Apr 21, 2022
AI
A multifamily property located at 3 Pacific St in Boston, MA has been sold for $1,450,000. The property spans 2,373 square feet, resulting in a price per square foot of $611.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Address: 3 Pacific St, Boston, MA
- Market: Boston, MA
- Buyer's Representative: Foley/Federico Team - Greater Metropolitan R. E.
- Seller's Representative: Stephen McCarthy - William Raveis Real Estate - Boston - Back Bay
The buyer was represented by the Foley/Federico Team from Greater Metropolitan R. E., while the seller's representative was Stephen McCarthy from William Raveis Real Estate - Boston - Back Bay. No additional details about the transaction were provided.
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93