Laurence Tamkin & Vicky Xiao Sell Multifamily Property In Boston, MA For $1.001M
35 Wilcock Street, Boston, Massachusetts 02124, United States
$1,001,000
$291/SF
Building Size
3,432 SF
Asset Type
MultiFamily
Closing
May 8, 2022
AI
Located at 35 Wilcock St in Boston, Massachusetts, this multifamily property recently changed hands in a closed transaction. The deal was facilitated by Laurence Tamkin from Boston Commercial Realty, representing the buyer, and Vicky Xiao from Century 21 North East, representing the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,001,000
- Units: 3
- Price per Unit: $336,667
- Square Footage: 3,432
- Price per Square Foot: $292
The property consists of 3 units spanning across 3,432 square feet. The sale price for this multifamily asset was $1,001,000, resulting in a price per unit of $336,667 and a price per square foot of $292. Laurence Tamkin from Boston Commercial Realty represented the buyer, while Vicky Xiao from Century 21 North East represented the seller in this transaction.
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
15.85%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93