Updated Sep 9, 2024
Hakim Sadler Of MIG Realty Brokers $855K Sale Of Multifamily Property In Boston, MA
3 Stockton St, Boston, Massachusetts, USA
$855,000
$198/SF
Building Size
4,300 SF
Asset Type
MultiFamily
Closing
Nov 15, 2021
About this deal
AI
A multifamily property located at 3 Stockton St in Boston, MA has been sold for a price of $855,000. The property consists of 3 units with a total square footage of 4,300. The price per unit is $28,500 and the price per square foot is $199.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $855,000
- Units: 3
- Price per Unit: $28,500
- Square Footage: 4,300
- Price per Square Foot: $199
The sale of this multifamily property was facilitated by Hakim Sadler of MIG Realty. Hakim Sadler represented the seller in this transaction.
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
18.55%
Cash-on-Cash
-5.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93