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34 Prospect Street, Boston,...

34 Prospect St Multifamily Sold For $1.245M In Boston, MA With Broker Bob DeVito - Cameron Prestige, LLC
SOLDMultiFamily

34 Prospect St Multifamily Sold For $1.245M In Boston, MA With Broker Bob DeVito - Cameron Prestige, LLC

34 Prospect Street, Boston, Charlestown, Massachusetts, USA

$1,245,000

$490/SF

Building Size

2,538 SF

Asset Type

MultiFamily

Closing

Mar 30, 2021

AI

A multifamily property located at 34 Prospect St in Boston, MA was recently sold. The property spans 2,538 square feet and was sold for a price of $1,245,000, resulting in a price per square foot of $491.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,245,000
  • Address: 34 Prospect St, Boston, MA
  • Market: Boston, MA

The sale was facilitated by Bob DeVito from Cameron Prestige, LLC. DeVito represented the buyer or seller in this transaction.

Players

Bob DeVito

Broker

$1.2M

vol

1 deal

Broker

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

12.74%

Cash-on-Cash

-3.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93