Luxury Living Real Estate Sells Multifamily Property In Boston, MA For $2.2M
32 Parmenter Street, Boston, Massachusetts 02113, United States
$2,200,000
$576/SF
Building Size
3,816 SF
Asset Type
MultiFamily
Closing
May 11, 2022
AI
The multifamily property at 32 Parmenter St in Boston, MA has been sold for a price of $2,200,000. This property spans a total area of 3,816 square feet, resulting in a price per square foot of $577.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Address: 32 Parmenter St
- Market: Boston, MA
The sale was facilitated by Michele Chirchirillo of Luxury Living Real Estate. They represented the buyers in this transaction.
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93