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Justin Hayward & Christine Do Facilitate $1.3M Multifamily Sale In Boston, MA
SOLD
Massachusetts
See Similar DealsMultiFamily3,285 SF
Sold 03/15/2024
SOLD
Justin Hayward & Christine Do Facilitate $1.3M Multifamily Sale In Boston, MA
365 Centre Street
See Similar DealsMultiFamily3,285 SF
Sold 03/15/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$395
Total Square Footage:3,285 SF
Transaction Type:Sale
A multifamily property located at 365 Centre Street in Boston, MA, was sold for $1,300,000 with a size of 3,285 square feet and a price per square foot of $396.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 365 Centre Street
- Market: Boston, MA
Justin Hayward of Commonwealth Standard Realty Advisors represented the buyer in the transaction, while Christine Do of Keller Williams Pacific Estates represented the seller for the sale of the multifamily property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$69,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96
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