SOLDMultiFamily
Coldwell Banker Acquires Multifamily Property In Boston For $2.3M
4 Myrtle St Boston, MA 02114, USA
$2,307,500
$1,146/SF
Building Size
2,012 SF
Asset Type
MultiFamily
Closing
Jun 16, 2023
AI
A 2,012-square-foot multifamily property located at 4 Myrtle Street in Boston, MA was sold for $2,307,500 on June 16, 2023.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,307,500
- Address: 4 Myrtle Street, Boston, MA
- Market: Boston, MA
- Buyer's Representative: Charlie Ring - Coldwell Banker
- Seller's Representative: Rob Kilgore - Compass
- Square Footage: 2,012
- Price per Square Foot: $1,147
Charlie Ring, representing Coldwell Banker, served as the buyer's representative in the transaction, while Rob Kilgore, representing Compass, represented the seller.
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
6.87%
Cash-on-Cash
-1.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93