Camdan Realty Llc Acquires Multifamily Property In Boston, MA For $1.32M
SOLD
$1,325,000
Massachusetts
See Similar DealsMultiFamily3,059 SF
Sold 10/15/2021
SOLD
Camdan Realty Llc Acquires Multifamily Property In Boston, MA For $1.32M
43 Gove St, Boston, Massachusetts, USA
See Similar DealsMultiFamily3,059 SF
Sold 10/15/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$433
Total Square Footage:3,059 SF
Transaction Type:Sale
A multifamily property located at 43 Gove St in Boston, MA has been sold for $1,325,000. The property spans 3,059 square feet, resulting in a price per square foot of $433.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,325,000
- Square Footage: 3,059
- Price per Square Foot: $433
- Address: 43 Gove St, Boston, MA
- Market: Boston, MA
Marissa Tavares from Camdan Realty LLC represented the buyer, while Jorge Rodriguez from Carlton's Wharf & Co. represented the seller in this transaction.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$70,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,707.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,281.18
Annual Debt Service$75,374.11
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