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34 Prospect Street, Boston,...

Updated Dec 21, 2023

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

About this deal

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.

The multifamily sale at 34 Prospect Street, Boston, Charlestown, Massachusetts, USA in Boston, Massachusetts sold for $1.2M in 2021. The building is 2,538 square feet, implying about 490 per square foot on the published price. Named participants on the 34 Prospect Street, Boston, Charlestown, Massachusetts, USA sale are Bob DeVito. This page is the Boston, Massachusetts file for the 34 Prospect Street, Boston, Charlestown, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 34 Prospect Street, Boston, Charlestown, Massachusetts, USA around 2021. Published consideration for 34 Prospect Street, Boston, Charlestown, Massachusetts, USA is $1.2M, dated 2021. Cite this 34 Prospect St Multifamily Sold For $1.245M In Boston, MA With Broker Bob DeVito - Cameron Prestige, LLC sale when underwriting similar multifamily product around Boston, Massachusetts.

Players

Bob DeVito

Broker

$1.2M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $490 per square foot on a published $1.2M for 2,538 square feet (2021).

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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

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