SOLDMultiFamily
Century21 Seaport Represents $1.06M Multifamily Sale On Faywood Ave In Boston
31 Faywood Avenue, East Boston, Massachusetts 02128, United States
$1,060,000
$280/SF
Building Size
3,780 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
AI
A multifamily property located at 31 Faywood Ave in Boston, MA has been sold. The property spans 3,780 square feet and was sold for a price of $1,060,000, resulting in a price per square foot of $280.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Address: 31 Faywood Ave
- Market: Boston, MA
- Buyer's Representative: Mark Sciaraffa - Century21 Seaport
- Seller's Representative: Paul Tavglini - Century21 Seaport
Mark Sciaraffa from Century21 Seaport served as the buyer's representative in this transaction.
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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93