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37 Oakley Street, Boston, M...

Coldwell Banker Realty Acquires Multifamily Property In Boston, MA For $1M
SOLDMultiFamily

Coldwell Banker Realty Acquires Multifamily Property In Boston, MA For $1M

37 Oakley Street, Boston, MA, USA

$1,000,000

$279/SF

Building Size

3,573 SF

Asset Type

MultiFamily

Closing

Oct 8, 2021

AI

A multifamily property located at 37 Oakley St in Boston, MA has been sold for $1,000,000. The property spans a total of 3,573 square feet, resulting in a price per square foot of $280.

Summary of transaction details:

Ron Resha from Coldwell Banker Realty represented the buyer in this transaction, and Shawn Burgess from Compass represented the seller. The sale of this multifamily property marks a significant deal in the Boston, MA market.

Players

Shawn Burgess

Compass

Broker

$2M

vol

2 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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93