Updated Dec 21, 2023
William J. Doherty III & Grace C. Walton Sell Multifamily Property On Forest Street In Boston, MA For $920,000
33 Forest Street, Boston, Massachusetts, USA
$920,000
$343/SF
Building Size
2,682 SF
Asset Type
MultiFamily
Closing
Jul 7, 2020
About this deal
AI
The multifamily property located at 33 Forest Street in Boston, MA has been sold in a recent transaction. The property, with a total area of 2,682 square feet, was listed for an asking price of $899,000. The sale was facilitated by broker Josue Velney of Dress Blue Realty LLC.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $920,000
- Seller: William J. Doherty III & Grace C. Walton
- Broker: Josue Velney - Dress Blue Realty LLC
The sellers of the property were William J. Doherty III and Grace C. Walton. Representing them in the deal was broker Josue Velney from Dress Blue Realty LLC. The sale price of the property was $920,000, resulting in a price per square foot of $343.
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
17.24%
Cash-on-Cash
-4.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93