Updated Dec 21, 2023
Hickman Coen Acquires Multifamily Property In Boston For $1.675M
34 Dell Avenue, Boston, Massachusetts 02136, United States
$1,675,000
$614/SF
Building Size
2,726 SF
Asset Type
MultiFamily
Closing
Mar 13, 2022
About this deal
AI
An impressive multifamily property located at 34 Delle Ave in Boston, MA recently changed hands in a closed transaction. The property spans 2,726 square feet and was sold for a total price of $1,675,000, resulting in a price per square foot of $614. The sale took place on March 14, 2022, as captured in an image shared by Eric Johnson on Instagram.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,675,000
- Square Footage: 2,726
- Price per Square Foot: $614
- Address: 34 Delle Ave, Boston, MA
- Market: Boston, MA
The buyer was represented in the transaction by Hickman Coen from William Raveis Real Estate - Brookline, while Eric Johnson from Compass acted as the seller's representative. Together, they facilitated the successful sale of this multifamily property in Boston.
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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93