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37 Cunard St, Boston, MA 02...

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

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

37 Cunard St, Boston, MA 02120, USA

$4,700,000

$704/SF

Building Size

6,672 SF

Asset Type

MultiFamily

Closing

Dec 30, 2019

AI

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

Nikolas Amicone

Broker

$16.3M

vol

10 deals

Broker

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

3.38%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93