Carl Christie Brokers $14.5M Sale Of Multifamily Property On Washington Street In Boston
3383 Washington Boston, Massachusetts 02130, United States
$14,530,000
$425/SF
Building Size
34,117 SF
Asset Type
MultiFamily
Closing
May 5, 2022
AI
Located at 3383 Washington in Boston, MA, this multifamily property has recently been sold in a closed transaction. The property spans a total area of 34,117 square feet, with a sale price of $14,530,000, resulting in a price per square foot of $426.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $14,530,000
- Square Footage: 34,117
- Price per Square Foot: $426
- Address: 3383 Washington, Boston, MA
The transaction was facilitated by broker Carl Christie, who represented the involved parties.
For more information, please refer to the Instagram post: instagram.com/p/CdyPL1gv0Hb.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93