Updated Dec 4, 2024
Berkshire Hathaway HomeServices Buys Multifamily Property In Roslindale, MA For $1.22M
40 Stellman Road
$1,220,000
$440/SF
Building Size
2,769 SF
Asset Type
MultiFamily
Closing
Sep 28, 2023
About this deal
AI
A multifamily property in Roslindale, MA, located at 40 Stellman Road, was sold for $1,220,000. The property spans across 2,769 square feet and the price per square foot was calculated to be $441.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,220,000
- Address: 40 Stellman Road
- Market: Roslindale, MA
- Buyer's Representative: Carly Harwood & Zack Harwood - Berkshire Hathaway Homeservices Warren Residential
- Seller's Representative: The Residential Group - William Raveis Real Estate - Boston - South End
- Square Footage: 2,769
- Price per Square Foot: $441
The buyer is represented by Carly Harwood & Zack Harwood from Berkshire Hathaway Homeservices Warren Residential, while the seller is represented by The Residential Group from William Raveis Real Estate - Boston - South End.
Players
Roslindale 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
13.00%
Cash-on-Cash
-3.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93