Boston Trust Realty Group Sells Multifamily Property On Washington Street For $1.545M
SOLD
$1,545,000
Massachusetts
See Similar DealsMultiFamily2,952 SF
Sold 01/26/2021
SOLD
Boston Trust Realty Group Sells Multifamily Property On Washington Street For $1.545M
3411 Washington St, Jamaica Plain, MA 02130, USA
See Similar DealsMultiFamily2,952 SF
Sold 01/26/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$523
Total Square Footage:2,952 SF
Transaction Type:Sale
The multifamily property located at 3411 Washington Street in Boston, MA was recently sold for $1,545,000. The property spans 2,952 square feet, resulting in a price per square foot of $523. The sale was facilitated by Markese Daise of Boston Trust Realty Group.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,545,000
- Square Footage: 2,952
- Price Per Square Foot: $523
- Address: 3411 Washington Street, Boston, MA
- Market: Boston, MA
Markese Daise from Boston Trust Realty Group played a crucial role in facilitating this transaction as the broker representing the parties involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,489.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,324.09
Annual Debt Service$87,889.06
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