Boston Crown Realty Acquires Multifamily Complex In Weymouth, MA For $2.45M
41 Columbian Street, Weymouth, MA, USA
$2,450,000
$369/SF
Building Size
6,627 SF
Asset Type
MultiFamily
Closing
Nov 30, 2021
AI
The multifamily property located at 41 Columbian St in Weymouth, MA has been sold for a total price of $2,450,000. The property comprises of 5 units, with each unit having a price per unit (PPU) of $490,000. The total square footage of the property is 6,627, translating to a price per square foot (PPSF) of $370.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,450,000
- Units: 5
- PPU: $490,000
- Square Footage: 6,627
- PPSF: $370
- Market: Weymouth, MA
The buyer's representative in this transaction was Shailesh Shah of Boston Crown Realty, LLC, while the seller's representative was Tom McFarland of RE/MAX Realty Pros.
Players
South Weymouth 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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93