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308 Cummins Highway

Updated Dec 4, 2024

Keller Williams Brokers Facilitate $1M& Multifamily Sale In Roslindale
SOLDMultiFamily

Keller Williams Brokers Facilitate $1M& Multifamily Sale In Roslindale

308 Cummins Highway

$1,000,500

$283/SF

Building Size

3,534 SF

Asset Type

MultiFamily

Closing

Sep 7, 2023

About this deal

AI

A multifamily property located at 308 Cummins Highway in Roslindale, MA, has been sold for $1,000,500. The property spans a total area of 3,534 square feet, resulting in a price per square foot of $283.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,000,500
  • Address: 308 Cummins Highway, Roslindale, MA
  • Market: Roslindale, MA

The sale of this multifamily property was facilitated by brokers Darnell Billings and Jessica Dejesus Acevedo of Keller Williams. Their expertise and negotiation skills played a crucial role in successfully closing the deal.

Players

Darnell Billings

Keller Williams Realty

Broker

$1M

vol

1 deal

Broker

Roslindale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $283 per square foot on a published $1M for 3,534 square feet (2023).

Visit Keller Williams Realty to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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