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360 Harvard Street, Boston,...

Jonathan Fletcher Acquires Multifamily Property On Harvard St In Boston For $1.017M
SOLDMultiFamily

Jonathan Fletcher Acquires Multifamily Property On Harvard St In Boston For $1.017M

360 Harvard Street, Boston, Massachusetts, USA

$1,017,000

$375/SF

Building Size

2,706 SF

Asset Type

MultiFamily

Closing

May 11, 2021

AI

The multifamily property located at 360 Harvard St in Boston, MA was recently sold. The transaction took place on 05/12/2021, with a sale price of $1,017,000. The property spans a total area of 2,706 square feet, resulting in a price per square foot of $376.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,017,000
  • Address: 360 Harvard St, Boston, MA
  • Square Footage: 2,706 sqft
  • Price per Square Foot: $376

Shawn Burgess from Compass represented the seller in this transaction. The buyer was represented by Jonathan Fletcher from Jonathan Fletcher.

Players

Shawn Burgess

Compass

Broker

$2M

vol

2 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

15.60%

Cash-on-Cash

-4.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93