Updated Sep 9, 2024
Susanne McInerney Acquires Multifamily Property On Ballard Street For $1.05M
31 Ballard Street, Boston, Jamaica Plain, Massachusetts, USA
$1,050,000
$608/SF
Building Size
1,725 SF
Asset Type
MultiFamily
Closing
Mar 31, 2021
About this deal
AI
Located at 31 Ballard Street in Boston, Massachusetts, this recently closed property transaction involved a multifamily asset. The sale took place on April 1, 2021, with a sale price of $1,050,000. The property spans 1,725 square feet, resulting in a price per square foot of $609.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- SF: 1,725
- PPSF: $609
Betsy Herald from The Charles Realty represented the seller in this transaction, while Susanne McInerney from eXp Realty acted as the buyer's representative.
On the Map
$1,050,000
$608/SF
MultiFamily
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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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93