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
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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