David Finn Of Trumble Investment, Inc. Acquires Multifamily Property In Boston, MA For $1.275M
SOLD
$1,275,000
Massachusetts
See Similar DealsMultiFamily3,537 SF
Sold 12/01/2021
SOLD
David Finn Of Trumble Investment, Inc. Acquires Multifamily Property In Boston, MA For $1.275M
39 Goldsmith Street, Boston, MA, USA
See Similar DealsMultiFamily3,537 SF
Sold 12/01/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$360
Total Square Footage:3,537 SF
Transaction Type:Sale
Located at 39 Goldsmith St in Boston, MA, this recently sold multifamily property offers a total of 3,537 square feet of living space. The property was sold on 12/01/2021 for a sale price of $1,275,000, resulting in a price per square foot of $360. The transaction was facilitated by David Finn from Trumble Investment, Inc., representing the buyer, and Andrew Brilliant from Unlimited Sotheby's International Realty, representing the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,275,000
- Square Footage: 3,537
- Price per Square Foot: $360
- Address: 39 Goldsmith St
- Market: Boston, MA
David Finn from Trumble Investment, Inc. represented the buyer in this transaction, while Andrew Brilliant from Unlimited Sotheby's International Realty represented the seller. This successful sale showcases the expertise and professionalism of these industry professionals.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,529.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,044.15
Annual Debt Service$72,529.81
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