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Multifamily Property In Roslindale, MA Sold For $1.275M With Buyer's Rep Mark Belenkii & Seller's Rep Abode With Us Team

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SOLD
$1,275,000

Massachusetts

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MultiFamily2,288 SF
Sold 08/24/2023
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Property Image
SOLD

Multifamily Property In Roslindale, MA Sold For $1.275M With Buyer's Rep Mark Belenkii & Seller's Rep Abode With Us Team

36-38 Johnswood Road

See Similar Deals
MultiFamily2,288 SF
Sold 08/24/2023
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$557
Total Square Footage:2,288 SF
Transaction Type:Sale

A multifamily property located at 36-38 Johnswood Road in Roslindale, MA, has been sold for $1,275,000. The property spans 2,288 square feet and was sold at a price per square foot of $557. The transaction was facilitated by Mark Belenkii from Centre Realty Group, who represented the buyer, and the Abode With Us Team from Compass, who represented the seller.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,275,000
  • Square Footage: 2,288
  • Price per Square Foot: $557
  • Address: 36-38 Johnswood Road, Roslindale, MA
  • Market: Roslindale, MA

Mark Belenkii from Centre Realty Group served as the buyer's representative in the transaction. The Abode With Us Team from Compass acted as the seller's representative. Together, they facilitated the sale of this multifamily property, providing a successful outcome for both parties involved.

Players

Mark Belenkii
Centre Realty Group
Mark Belenkii
1 deal$1.3M volume(617) 590-7707
BROKER

Details

SOLD
IMAGE: David O'Neill, Ashley Reader & Mark Belenkii DATE: 08/24/2023 ADDRESS: 36-38 Johnswood Road MARKET: Roslindale, MA ASSET TYPE: Multifamily BUYER'S REP: Mark Belenkii - Centre Realty Group (@CentreRealty) SELLER'S REP: Abode With Us Team - Compass (@Compass) SALE PRICE: $1,275,000 SF: 2,288 ~ PPSF: $557 NOTE: A multifamily property located at 36-38 Johnswood Road in Roslindale, MA, was sold for $1,275,000. The transaction involved a property with 2,288 square feet of space at a price per square foot of $557, with Mark Belenkii from Centre Realty Group representing the buyer and the Abode With Us Team from Compass representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$67,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,529.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,044.15
Annual Debt Service$72,529.81