Updated Nov 24, 2023
$2.55M Allston, MA Multifamily Sale At 311-315 North Harvard St. - Buyer's Rep: The Bushari Team, Seller's Rep: Denman Drapkin Group
311-315 North Harvard Street Boston, Massachusetts 02134, USA
$2,550,000
$596/SF
Building Size
4,274 SF
Asset Type
MultiFamily
Closing
May 2, 2023
About this deal
AI
A multifamily property located at 311-315 North Harvard Street in Allston, MA was sold for $2,550,000. The transaction involved a total area of 4,274 square feet, resulting in a price per square foot (PPSF) of $597.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Address: 311-315 North Harvard Street, Allston, MA
- Market: Allston, MA
- Buyer's Representative: The Bushari Team - Compass
- Seller's Representative: Denman Drapkin Group - Compass
The buyer's representative for this transaction was The Bushari Team - Compass, while the seller's representative was Denman Drapkin Group - Compass.
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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93