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Loreen Cinganelli & Kenny V. Pham Facilitate $1.3M Multifamily Sale In Boston

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SOLD
$1,300,000

Massachusetts

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MultiFamily3,400 SF
Sold
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SOLD

Loreen Cinganelli & Kenny V. Pham Facilitate $1.3M Multifamily Sale In Boston

30 Mount Everett Street

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MultiFamily3,400 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$382
Total Square Footage:3400 SF
Transaction Type:Sale

A multi-family property at 30 Mount Everett St, Boston, MA 02125, with 10 beds, 4 baths, and 3,400 sq ft, was sold for $1,300,000. Renovated in 2018, the property offers updated units with new kitchens, bathrooms, and amenities, ideal for rental investment.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Units: 3
  • Price Per Unit: $433,333
  • Square Footage: 3,400
  • Price Per Square Foot: $382
  • Address: 30 Mount Everett Street, Boston, MA
  • Market: Boston, MA

The transaction was facilitated by Loreen Cinganelli from Steve Bremis Realty Group, representing the buyer, and Kenny V. Pham from Central Real Estate, representing the seller.

Players

Loreen Cinganelli
2 deals$2.6M volume
BROKER

Kenny V. Pham
Central Real Estate
1 deal$1.3M volume(781) 888-8118
BROKER

Details

SOLD
IMAGE: Loreen Cinganelli & Kenny V. Pham DATE: 06/06/2024 ADDRESS: 30 Mount Everett Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Loreen Cinganelli - Steve Bremis Realty Group SELLER'S REP: Kenny V. Pham - Central Real Estate SALE PRICE: $1,300,000 UNITS: 3 ~ PPU: $433,333 SF: 3,400 ~ PPSF: $382 NOTE: A multi-family property at 30 Mount Everett St, Boston, MA 02125, with 10 beds, 4 baths, and 3,400 sq ft, was sold for $1,300,000. Renovated in 2018, the property offers updated units with new kitchens, bathrooms, and amenities, ideal for rental investment.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96