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

/

352 East Eighth Street

Multifamily Property In South Boston Sells For $1.085M With Broker L. Jack Staley
SOLDMultiFamily

Multifamily Property In South Boston Sells For $1.085M With Broker L. Jack Staley

352 East Eighth Street

$1,085,000

$663/SF

Building Size

1,636 SF

Asset Type

MultiFamily

Closing

Jan 4, 2024

AI

A multifamily property located at 352 East Eighth Street in South Boston, MA, recently sold for $1,085,000. The transaction was facilitated by L. Jack Staley from Joyce Lebedew Real Estate.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,085,000
  • Square Footage: 1,636
  • Price per Square Foot: $663
  • Address: 352 East Eighth Street, South Boston, MA
  • Broker: L. Jack Staley - Joyce Lebedew Real Estate

The sale of the multifamily property at 352 East Eighth Street in South Boston, MA, was successfully negotiated by broker L. Jack Staley from Joyce Lebedew Real Estate. The property offers 1,636 square feet of space and was sold at a price of $663 per square foot.

Players

L. Jack Staley

Joyce Lebedew Real Estate

Broker

$3.9M

vol

2 deals

Broker

South Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.62%

Cash-on-Cash

-4.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93