Gregory McCarthy & Jennifer Schneider Sell Multifamily Asset In Boston, MA For $1.25M
SOLD
$1,252,000
Massachusetts
See Similar DealsMultiFamily2,898 SF
Sold 09/24/2021
SOLD
Gregory McCarthy & Jennifer Schneider Sell Multifamily Asset In Boston, MA For $1.25M
391 Bunker Hill Street, Charlestown, Boston, MA 02129, USA
See Similar DealsMultiFamily2,898 SF
Sold 09/24/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$432
Total Square Footage:2,898 SF
Transaction Type:Sale
The multifamily property located at 391 Bunker Hill St in Boston, MA was recently sold for a price of $1,252,000. Spanning over 2,898 square feet, the property commanded a price per square foot of $432.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,252,000
- Address: 391 Bunker Hill St, Boston, MA
- Market: Boston, MA
Gregory McCarthy from Riverfront REALTORS® represented the buyer in this transaction, while Jennifer Schneider from Century 21 Elite Realty acted as the seller's representative.
With the guidance of Gregory McCarthy and Jennifer Schneider, the buyer and seller successfully completed the sale of this multifamily property in Boston.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,773.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,448.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,935.12
Annual Debt Service$71,221.42
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