Updated Dec 21, 2023
Ancho Nguyen & Sandra S. Mcallister Acquire Multifamily Property In Jamaica Plain For $1.1M
31 Ballard St, Jamaica Plain, Boston, MA, USA
$1,100,000
$555/SF
Building Size
1,980 SF
Asset Type
MultiFamily
Closing
Aug 3, 2021
About this deal
AI
The multifamily property located at 31 Ballard St in Jamaica Plain, MA has been sold. The transaction took place on 08/04/2021, with a sale price of $1,100,000. The property spans 1,980 square feet, resulting in a price per square foot of $556.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 31 Ballard St, Jamaica Plain, MA
- Market: Jamaica Plain, MA
- Seller: Sharon Kurtz T & Erica Bronstein
- Buyer: Ancho Nguyen & Sandra S. Mcallister
- Square Footage: 1,980
- Price per Square Foot: $556
Ancho Nguyen and Sandra S. Mcallister have purchased the property from Sharon Kurtz T & Erica Bronstein. They acted as the buyer in this transaction, representing themselves. This deal marks the successful transfer of ownership for the multifamily asset located at 31 Ballard St.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93