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Matthew Ramey & Windy Lafond Of Concept Properties Facilitate $2.74M Multifamily Sale In Roxbury
SOLD
Massachusetts
See Similar DealsMultiFamily3,983 SF
Sold 03/22/2024
SOLD
Matthew Ramey & Windy Lafond Of Concept Properties Facilitate $2.74M Multifamily Sale In Roxbury
37 Calumet Street
See Similar DealsMultiFamily3,983 SF
Sold 03/22/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$687
Total Square Footage:3,983 SF
Transaction Type:Sale
Located at 37 Calumet Street in Mission Hill, Boston, this multifamily property recently changed hands for $2,740,000. The property offers three units with a total of 12 beds, three baths, and 3,983 square feet of modern living space. The residence also features outdoor decks providing stunning city views.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,740,000
- SF: 3,983
- PPSF: $688
- Address: 37 Calumet Street
- Market: Roxbury, MA
Matthew Ramey and Windy Lafond from Concept Properties represented the parties involved in this real estate transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$146,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,734.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,989.00
Annual Debt Service$155,867.97
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