Coldwell Banker Realty - Waterfront Acquires Multifamily Property For $4.75M In Boston, MA
400 Hanover Street, Boston, Massachusetts 02113, United States
$4,750,000
$863/SF
Building Size
5,500 SF
Asset Type
MultiFamily
Closing
Dec 16, 2021
AI
The multifamily property located at 400 Hanover St in Boston, MA was recently sold for a price of $4,750,000. The property spans across 5,500 square feet, resulting in a price per square foot of $864.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,750,000
- Address: 400 Hanover St
- Market: Boston, MA
- Buyer's Rep: Antonia Monarski - Coldwell Banker Realty - Waterfront
- Seller's Rep: Marissa Tavares - Camdan Realty Llc
The buyer was represented by Antonia Monarski from Coldwell Banker Realty - Waterfront, while the seller was represented by Marissa Tavares from Camdan Realty Llc.
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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93