William Raveis R.E. & Home Services Acquires Multifamily Property In Boston, MA For $1.5M
SOLD
$1,500,000
Massachusetts
See Similar DealsMultiFamily4,017 SF
Sold 01/07/2022
SOLD
William Raveis R.E. & Home Services Acquires Multifamily Property In Boston, MA For $1.5M
3270 Washington Street, Boston, Massachusetts 02130, United States
See Similar DealsMultiFamily4,017 SF
Sold 01/07/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$373
Total Square Footage:4,017 SF
Transaction Type:Sale
A multifamily property located at 3270 Washington St in Boston, MA has been sold for $1,500,000. The property spans 4,017 square feet, resulting in a price per square foot of $373.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 3270 Washington St, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was Ed Wieckowski from William Raveis R.E. & Home Services. The seller's representative was the Christian Iantosca Team from Arborview Realty Inc.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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