Coldwell Banker Realty Acquires Multifamily Property In Boston For $1.1M
34 Sedgwick St, Boston, Jamaica Plain, Massachusetts, USA
$1,100,000
$485/SF
Building Size
2,264 SF
Asset Type
MultiFamily
Closing
Jul 1, 2020
AI
The multifamily property located at 34 Sedgwick St in Boston, MA was recently sold for a price of $1,100,000. The property has a total square footage of 2,264, resulting in a price per square foot of $486.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Square Footage: 2,264
- Price per Square Foot: $486
- Address: 34 Sedgwick St, Boston, MA
- Market: Boston, MA
The seller's representative for this transaction was Colleen Scanlan from McCormack & Scanlan Real Estate, while the buyer was represented by Leigh Doukas from Coldwell Banker Realty - Needham.
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93