Elisa Daley Sells Multifamily Property On Fort Ave In Boston For $1.145M
SOLD
$1,145,000
Massachusetts
See Similar DealsMultiFamily2,410 SF
Sold 12/28/2021
SOLD
Elisa Daley Sells Multifamily Property On Fort Ave In Boston For $1.145M
35 Fort Ave, Roxbury, Massachusetts 02119, United States
See Similar DealsMultiFamily2,410 SF
Sold 12/28/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$475
Total Square Footage:2,410 SF
Transaction Type:Sale
Located at 35 Fort Ave in Boston, MA, this multifamily property was recently sold in a closed transaction. The property spans approximately 2,410 square feet, with a price per square foot of $475. The sale price for this transaction amounted to $1,145,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,145,000
- Address: 35 Fort Ave, Boston, MA
- Market: Boston, MA
The seller's representative for this transaction was Elisa Daley from Engel & Volkers Boston, while the buyer was represented by Cil Cangiano from Barrett Sotheby's International Realty. These professionals played crucial roles in facilitating the deal and ensuring a smooth transaction process.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,067.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,427.88
Annual Debt Service$65,134.61
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