Compass Acquires Multifamily Property On Baker St In Boston For $1.6M
SOLD
$1,600,000
Massachusetts
See Similar DealsMultiFamily3,321 SF
Sold 05/31/2022
SOLD
Compass Acquires Multifamily Property On Baker St In Boston For $1.6M
349 Baker Street, Boston, Massachusetts 02132, United States
See Similar DealsMultiFamily3,321 SF
Sold 05/31/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$481
Total Square Footage:3,321 SF
Transaction Type:Sale
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
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 345-349 Baker St, Boston, MA
- Market: Boston, MA
- Buyer's Rep: Eric Tam - Compass
- Seller's Rep: Todd Glaskin - Coldwell Banker Realty - Newton
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
Is there something missing? Send suggestions