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31 Ballard Street, Boston, ...

Susanne McInerney Acquires Multifamily Property On Ballard Street For $1.05M
SOLDMultiFamily

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

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.

Players

Betsy Herald

The Charles Realty

Broker

$13.7M

vol

4 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93