Michelle Easter Group Sells Multifamily Property In Boston, MA For $1M
421 Saratoga St, Boston, Massachusetts, USA
$1,000,000
$363/SF
Building Size
2,749 SF
Asset Type
MultiFamily
Closing
May 5, 2021
AI
The multifamily property located at 421 Saratoga St in Boston, MA has been recently sold. The sale took place on 05/06/2021, with a sale price of $1,000,000. The property spans across 2,749 square feet, resulting in a price per square foot of $364. The transaction was facilitated by Michelle Easter Group from William Raveis R.E. & Home Services, representing the seller, and Ryan Will from 360 Realty LLC, representing the buyer.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 421 Saratoga St, Boston, MA
- Market: Boston, MA
- Seller's Rep: Michelle Easter Group - William Raveis R.E. & Home Services
- Buyer's Rep: Ryan Will - 360 Realty LLC
The seller's representative, Michelle Easter Group from William Raveis R.E. & Home Services, along with the buyer's representative, Ryan Will from 360 Realty LLC, played key roles in facilitating this transaction. They successfully negotiated the sale of this multifamily property, ensuring a smooth process for both the seller and the buyer.
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93