Century21 Seaport Represents $1.06M Multifamily Sale On Faywood Ave In Boston
SOLD
Massachusetts
See Similar DealsMultiFamily3,780 SF
Sold 04/29/2022
SOLD
Century21 Seaport Represents $1.06M Multifamily Sale On Faywood Ave In Boston
31 Faywood Avenue, East Boston, Massachusetts 02128, United States
See Similar DealsMultiFamily3,780 SF
Sold 04/29/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$280
Total Square Footage:3,780 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$56,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,765.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,024.94
Annual Debt Service$60,299.29
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