facebook
Traded Co logo
Submit

Christine Mayer Acquires Multifamily Property In Boston, MA For $4.7M

Property Image
SOLD
$4,700,000

Massachusetts

See Similar Deals
MultiFamily6,672 SF
Sold 12/31/2019
the dealplayerscompscontact
Property Image
SOLD

Christine Mayer Acquires Multifamily Property In Boston, MA For $4.7M

37 Cunard St, Boston, MA 02120, USA

See Similar Deals
MultiFamily6,672 SF
Sold 12/31/2019
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$704
Total Square Footage:6,672 SF
Transaction Type:Sale

Located at 37-39 Cunard Street in Boston, MA, this multifamily property was recently sold in a closed transaction. The property offers a total area of 6,672 square feet, with an asking price of $5,250,000 and a final sale price of $4,700,000. The price per square foot was calculated at $704, showcasing the value of this asset in the market.

Summary of transaction details

The buyer in this transaction is Christine Mayer, while the broker representing the deal is Nikolas Amicone from Boston Realty Advisors, alongside Kevin Benzinger. They successfully facilitated the sale of this multifamily property, achieving a final sale price of $4,700,000. With its prime location in Boston, MA, and pricing at $704 per square foot, this property represents a valuable investment opportunity.

Players

10 deals$16.3M volume(978) 998-2867
BROKER

Details

SOLD
IMAGE: Nikolas Amicone @NikolasAmicone DATE: 12/31/2019 ADDRESS: 37-39 Cunard Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER: Christine Mayer BROKER: Nikolas Amicone & Boston Realty Advisors – Kevin Benzinger @bostonrealtyadvisors @kevinbenzinger ASKING PRICE: $5,250,000 SALE PRICE: $4,700,000 SF: 6,672 / PPSF: $704

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$250,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,698.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,280.40
Annual Debt Service$267,364.77