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43 Gove St, Boston, Massach...

Camdan Realty Llc Acquires Multifamily Property In Boston, MA For $1.32M
SOLDMultiFamily

Camdan Realty Llc Acquires Multifamily Property In Boston, MA For $1.32M

43 Gove St, Boston, Massachusetts, USA

$1,325,000

$433/SF

Building Size

3,059 SF

Asset Type

MultiFamily

Closing

Oct 14, 2021

AI

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.

Players

Marissa Tavares

Broker

$6.1M

vol

2 deals

Broker

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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93