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349 Baker Street, Boston, M...

Compass Acquires Multifamily Property On Baker St In Boston For $1.6M
SOLDMultiFamily

Compass Acquires Multifamily Property On Baker St In Boston For $1.6M

349 Baker Street, Boston, Massachusetts 02132, United States

$1,600,000

$481/SF

Building Size

3,321 SF

Asset Type

MultiFamily

Closing

May 30, 2022

AI

Located at 345-349 Baker St in Boston, MA, this multifamily property was recently sold in a closed transaction. With a sale price of $1,600,000, this property spans across 3,321 square feet. The price per square foot for this transaction was $482.

Summary of transaction details

Representing the buyer in this transaction was Eric Tam from Compass. Meanwhile, Todd Glaskin from Coldwell Banker Realty - Newton acted as the seller's representative. These individuals played crucial roles in facilitating the successful sale of this multifamily property.

Players

Todd Glaskin

Coldwell Banker

Broker

$109.8M

vol

23 deals

Broker

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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93