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35 Wilcock Street, Boston, ...

Laurence Tamkin & Vicky Xiao Sell Multifamily Property In Boston, MA For $1.001M
SOLDMultiFamily

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.

Players

Laurence Tamkin

Broker

$14.7M

vol

8 deals

Broker

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