Updated Sep 9, 2024
John Federico & Greater Metropolitan R. E. Acquires Multifamily Property In Boston, MA For $4.55M
35 Grove Street, Boston, Massachusetts 02114, United States
$4,550,000
$710/SF
Building Size
6,400 SF
Asset Type
MultiFamily
Closing
Dec 21, 2021
About this deal
AI
The multifamily property located at 35 Grove St in Boston, MA has been sold for $4,550,000. The property spans 6,400 square feet with a price per square foot of $711.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,550,000
- Address: 35 Grove St, Boston, MA
- Market: Boston, MA
- Buyer's Representative: John Federico - Greater Metropolitan R. E.
- Seller's Representative: Lauren Rohr - Red Brick Real Estate, Llc
John Federico from Greater Metropolitan R. E. represented the buyer in this transaction, while Lauren Rohr from Red Brick Real Estate, Llc represented the seller. The deal took place on 12/21/2021.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit John Federico to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93