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24 Charter St, Boston, MA 0...

Updated Dec 21, 2023

Mindy Perry Acquires Apartment In Boston For $3.5M
SOLDMultiFamily

Mindy Perry Acquires Apartment In Boston For $3.5M

24 Charter St, Boston, MA 02113, USA

$3,255,000

$525/SF

Building Size

6,200 SF

Asset Type

MultiFamily

Closing

Mar 3, 2020

About this deal

AI

An apartment property located at 408-410 Hanover St in Boston, MA was recently sold in a closed transaction. The property spans 5,735 square feet and was sold for a price of $3,500,000, resulting in a price per square foot of $610.

Summary of transaction details

  • Property Type: Apartment
  • Transaction Amount: $3,500,000
  • Square Footage: 5,735
  • Price per Square Foot: $610
  • Address: 408-410 Hanover St, Boston, MA
  • Market: Boston, MA

Mindy Perry purchased the property from Joseph Bonavita. Mindy Perry acted as the buyer in this transaction, while Joseph Bonavita was the seller.

Players

Bruce Lusa

Cushman & Wakefield

Broker

$899.9M

vol

62 deals

Broker

Mindy Perry

Buyer

$7.5M

vol

2 deals

Buyer

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $525 per square foot on a published $3.3M for 6,200 square feet (2020).

Visit Jon Bryant to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.87%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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