Updated Dec 21, 2023
Yovino & Co. Team Acquires Multifamily Property In Boston For $2.175M
42 Orchard Road, Brighton, Massachusetts 02445, United States
$2,175,000
$413/SF
Building Size
5,265 SF
Asset Type
MultiFamily
Closing
Jul 6, 2022
About this deal
AI
Located at 42 Orchard Rd in Boston, MA, this multifamily property was recently sold in a closed transaction. The sale took place on July 7, 2022, and the property was listed by Yovino & Co. Team from Compass. The sale price for this property was $2,175,000. It spans a total area of 5,265 square feet, resulting in a price per square foot of $413.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,175,000
- Address: 42 Orchard Rd, Boston, MA
- Square Footage: 5,265
- Price per Square Foot: $413
During the transaction, Yovino & Co. Team from Compass represented the seller and facilitated the deal. They played a crucial role in connecting the buyer and seller and ensuring smooth negotiations. This highlights the importance of having a reliable and experienced broker in a real estate transaction.
Players
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
7.29%
Cash-on-Cash
-2.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93