Redfin Corp. Acquires Multifamily Property On Hyde Park Ave In Boston
344 Hyde Park Avenue, Boston, MA, USA
$1,199,000
$341/SF
Building Size
3,510 SF
Asset Type
MultiFamily
Closing
Sep 24, 2021
AI
The multifamily property located at 344-346 Hyde Park Ave in Boston, MA was sold for a price of $1,199,000. The property spans a total of 3,510 square feet, resulting in a price per square foot of $342.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,199,000
- Address: 344-346 Hyde Park Ave, Boston, MA
- Market: Boston, MA
Kristin Moore from Redfin Corp. represented the buyer in this transaction, while Benjamin Leavitt from Nextgen Realty, Inc. represented the seller.
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
13.23%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93