Stephen McCarthy Sells Multifamily Property At 3 Pacific St, Boston For $1.45M
SOLD
$1,450,000
Massachusetts
See Similar DealsMultiFamily2,373 SF
Sold 04/22/2022
SOLD
Stephen McCarthy Sells Multifamily Property At 3 Pacific St, Boston For $1.45M
3 Pacific Street, South Boston, Massachusetts 02127, United States
See Similar DealsMultiFamily2,373 SF
Sold 04/22/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$611
Total Square Footage:2,373 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,151.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,873.74
Annual Debt Service$82,484.88
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