Updated Sep 5, 2024
Remax Acquires Multifamily Property In Charlestown, MA For $2.3M
40 Mt Vernon St Boston, Ma 02129, Usa
$2,300,000
$547/SF
Building Size
4,205 SF
Asset Type
MultiFamily
Closing
Jun 28, 2023
About this deal
AI
On June 28, 2023, a property located at 40 MT Vernon in Charlestown, MA, was sold for $2,300,000. The property's details regarding asset type were not provided.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Square Footage: 4,205 SF
- Price per Square Foot: $547
- Address: 40 MT Vernon, Charlestown, MA
- Market: Charlestown, MA
The sale was facilitated by Tina Endicott of Remax as the buyer's representative and Eve Dougherty of Compass as the seller's representative.
The multifamily sale at 40 Mt Vernon St Boston, Ma 02129, Usa in Boston, Massachusetts sold for $2.3M in 2023. The building is 4,205 square feet, implying about 547 per square foot on the published price. Tina Endicott, Eve Dougherty, Compass, Re/Max appear on the sale alongside Compass, Re/Max. This page is the Boston, Massachusetts file for the 40 Mt Vernon St Boston, Ma 02129, Usa multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 40 Mt Vernon St Boston, Ma 02129, Usa around 2023. Published consideration for 40 Mt Vernon St Boston, Ma 02129, Usa is $2.3M, dated 2023. Cite this Remax Acquires Multifamily Property In Charlestown, MA For $2.3M sale when underwriting similar multifamily product around Boston, Massachusetts.
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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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93