Updated Dec 4, 2024
Heather Carbone Acquires Multifamily Property In Boston, MA For $1.16M
43 Thomas Park, South Boston Naval Annex, Massachusetts 02127, United States
$1,160,000
$570/SF
Building Size
2,035 SF
Asset Type
MultiFamily
Closing
Mar 7, 2022
About this deal
AI
The multifamily property located at 43 Thomas Park in Boston, MA has been sold for a total price of $1,160,000. Spanning across 2,035 square feet, the property was sold at a price per square foot of $570. The sale took place on March 8, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Square Footage: 2,035
- Price per Square Foot: $570
- Address: 43 Thomas Park, Boston, MA
- Market: Boston, MA
Heather Carbone from eRealty Advisors, Inc. represented the buyer in this transaction, while Christopher Scuderi from Hillman Homes acted as the seller's representative.
Players
South 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
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93