Updated Dec 21, 2023
Fabricio Bohrer Of EXp Realty Acquires Multifamily Property In Boston, MA For $2.2M
4 Sumner Street, Boston, Massachusetts 02125, United States
$2,225,000
$526/SF
Building Size
4,230 SF
Asset Type
MultiFamily
Closing
May 8, 2022
About this deal
AI
A multifamily property located at 4 Sumner St in Boston, MA has been sold for a total price of $2,225,000. The sale took place on 05/09/2022 and was facilitated by Fabricio Bohrer of eXp Realty, representing the buyer, and Eric Johnson of Compass, representing the seller. The property consists of three units and spans across 4,230 square feet. The price per unit is estimated at $741,667, and the price per square foot is calculated to be $526.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,225,000
- Date: 05/09/2022
- Address: 4 Sumner St, Boston, MA
- Market: Boston, MA
Fabricio Bohrer, an agent from eXp Realty, represented the buyer in the transaction, while Eric Johnson, a representative from Compass, represented the seller. The deal demonstrates the successful collaboration between these key individuals and highlights their expertise in the Boston real estate market.
On the Map
$2,225,000
$526/SF
MultiFamily
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Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.13%
Cash-on-Cash
-2.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93