Updated Sep 9, 2024
William Raveis R.E. & Home Services Acquires Multifamily Property In Boston, MA For $1.5M
3270 Washington Street, Boston, Massachusetts 02130, United States
$1,500,000
$373/SF
Building Size
4,017 SF
Asset Type
MultiFamily
Closing
Jan 7, 2022
About this deal
AI
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.
The multifamily sale at 3270 Washington Street, Boston, Massachusetts 02130, United States in Boston, Massachusetts sold for $1.5M in 2022. The building is 4,017 square feet, implying about 373 per square foot on the published price. Ed Wieckowski, Christian Iantosca, William Raveis Real Estate appear on the sale alongside William Raveis Real Estate. This page is the Boston, Massachusetts file for the 3270 Washington Street, Boston, Massachusetts 02130, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 3270 Washington Street, Boston, Massachusetts 02130, United States around 2022. Published consideration for 3270 Washington Street, Boston, Massachusetts 02130, United States is $1.5M, dated 2022. Cite this William Raveis R.E. & Home Services Acquires Multifamily Property In Boston, MA For $1.5M sale when underwriting similar multifamily product around Boston, Massachusetts.
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Boston MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93