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37 Bennington St, Boston, M...

Rise Realty Sells Multifamily Property In Boston, MA For $1.165M
SOLDMultiFamily

Rise Realty Sells Multifamily Property In Boston, MA For $1.165M

37 Bennington St, Boston, Massachusetts, USA

$1,165,000

$388/SF

Building Size

3,000 SF

Asset Type

MultiFamily

Closing

Nov 3, 2021

AI

Located at 37 Bennington St in Boston, MA, this multifamily property was recently sold for a price of $1,165,000. Spanning across 3,000 square feet, the property offers ample space for its residents. With a price per square foot of $388, this transaction reflects the value of the property in the market. The sale of this multifamily asset was facilitated by Celina Doucette of Rise Realty.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,165,000
  • Square Footage: 3,000
  • Price per Square Foot: $388
  • Address: 37 Bennington St, Boston, MA
  • Market: Boston, MA

Leading the transaction as a broker representative, Celina Doucette of Rise Realty played a crucial role in facilitating the sale of this multifamily property. With their expertise and knowledge of the market, Doucette ensured a successful transaction for all parties involved.

Players

Celina Doucette

Rise Realty (Boston)

Broker

$4.9M

vol

3 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

13.62%

Cash-on-Cash

-3.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93