facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

35 Crosby Road

Updated Jun 4, 2025

Thomas Macdonald & Richard Cancilla Of Jacob Realty Sell Chestnut Hill Multifamily For $2.6M
SOLDMultiFamily

Thomas Macdonald & Richard Cancilla Of Jacob Realty Sell Chestnut Hill Multifamily For $2.6M

35 Crosby Road

$2,600,000

$860/SF

Building Size

3,020 SF

Asset Type

MultiFamily

Closing

Jun 1, 2025

About this deal

AI

The property asset involved in the transaction is a multifamily unit located at 35 Crosby Road, Chestnut Hill, MA. The sale price for the asset was $2,600,000, encompassing 2 units. The total square footage of the property is 3,020, resulting in a price per unit of $1,300,000 and a price per square foot of $860.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Units: 2
  • Square Footage: 3,020
  • Price Per Unit: $1,300,000
  • Price Per Square Foot: $860
  • Seller's Representative: Thomas Macdonald & Richard Cancilla - Jacob Realty
  • Date of Transaction: 6/2/2025

The transaction involved key individuals Thomas Macdonald and Richard Cancilla, representing the seller under Jacob Realty. Their representation facilitated the sale of this multifamily property, contributing to the transaction's successful completion.

Players

Thomas Macdonald

Jacob Realty

Broker

$2.6M

vol

1 deal

Broker

Chestnut Hill MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $860 per square foot on a published $2.6M for 3,020 square feet (2025).

Visit Jacob Realty to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets