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4 Sumner Street, Boston, Ma...

Fabricio Bohrer Of EXp Realty Acquires Multifamily Property In Boston, MA For $2.2M
SOLDMultiFamily

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

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.

Players

Eric Johnson

Compass

Broker

$34.4M

vol

17 deals

Broker

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