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3270 Washington Street, Bos...

William Raveis R.E. & Home Services Acquires Multifamily Property In Boston, MA For $1.5M
SOLDMultiFamily

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

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.

Players

Christian Iantosca

Arborview Realty

Broker

$15M

vol

9 deals

Broker

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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93