Updated Dec 4, 2024
Pierre Johnsson & Zachary Christman Represent Buyer In $1.6M Multifamily Sale
33 Raymond Street
$1,600,000
$672/SF
Building Size
2,378 SF
Asset Type
MultiFamily
Closing
May 22, 2024
About this deal
AI
A two-family home at 33 Raymond in Boston, MA, sold for $1,600,000, featuring four bedrooms, two bathrooms, and 2,378 square feet of living space.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 33 Raymond Street
- Market: Allston, MA
- Units: 2
- Price Per Unit: $800,000
- Square Footage: 2,378
- Price Per Square Foot: $673
The buyer's representatives for the deal were Pierre Johnsson and Zachary Christman from Hammond Residential Real Estate, while the seller was represented by Valerie Filiberto from A & S Realty Co., Inc.
Players
Allston 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93