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:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 37 Oakley St
- Market: Boston, MA
- Buyer's Representative: Ron Resha - Coldwell Banker Realty
- Seller's Representative: Shawn Burgess - Compass
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
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