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30 Concord Square, Boston, ...

Sprogis Neale Doherty Team Acquires Multifamily In Boston, MA For $3.1M
SOLDMultiFamily

Sprogis Neale Doherty Team Acquires Multifamily In Boston, MA For $3.1M

30 Concord Square, Boston, Massachusetts 02118, United States

$3,075,000

$694/SF

Building Size

4,426 SF

Asset Type

MultiFamily

Closing

Aug 31, 2022

AI

The multifamily property located at 30 Concord Sq in Boston, MA has been sold. The transaction took place on 09/01/2022, with a sale price of $3,075,000. The property spans across 4,426 square feet, resulting in a price per square foot of $695. John Neale & Bradford Sprogis shared an image of the property on their Instagram page.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $3,075,000
  • Address: 30 Concord Sq, Boston, MA
  • Market: Boston, MA
  • Image: John Neale & Bradford Sprogis
  • Date: 09/01/2022

The sale of this multifamily property was facilitated by the Sprogis Neale Doherty Team from Sprogis & Neale Real Estate. They acted as the broker representing the buyer or seller in this transaction.

Players

John Neale

Broker

$22.5M

vol

6 deals

Broker

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

5.16%

Cash-on-Cash

-1.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93