Updated Dec 21, 2023
Residential Group Sells Multifamily Property In Boston, MA For $1.88M
32 Blaine Street, Boston, Massachusetts 02134, United States
$1,885,000
$637/SF
Building Size
2,959 SF
Asset Type
MultiFamily
Closing
Feb 21, 2022
About this deal
AI
The property involved in this closed transaction is a multifamily asset located at 32 Blaine St in Boston, MA. The property spans a total of 2,959 square feet. The sale price for this property was $1,885,000, resulting in a price per square foot of $646.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,885,000
- Square Footage: 2,959
- Address: 32 Blaine St, Boston, MA
- Market: Boston, MA
The Residential Group represented the seller in this transaction. William Raveis Real Estate - Boston - South End served as the brokerage agency. Further details about the individuals involved in the transaction were not provided.
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
8.42%
Cash-on-Cash
-2.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93