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.
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
13.62%
Cash-on-Cash
-3.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93