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3411 Washington St, Jamaica...

Updated Sep 5, 2024

Boston Trust Realty Group Sells Multifamily Property On Washington Street For $1.545M
SOLDMultiFamily

Boston Trust Realty Group Sells Multifamily Property On Washington Street For $1.545M

3411 Washington St, Jamaica Plain, MA 02130, USA

$1,545,000

$523/SF

Building Size

2,952 SF

Asset Type

MultiFamily

Closing

Jan 25, 2021

About this deal

AI

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.

Players

Markese Daise

Stony Brook & Lennox Realty Advisors

Broker

$22.4M

vol

15 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $523 per square foot on a published $1.5M for 2,952 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.27%

Cash-on-Cash

-2.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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