Currier, Lane & Young Acquires Multifamily Property In Boston For $3.2M
432 Marlborough Street, Boston, Massachusetts 02115, United States
$3,200,000
$1,016/SF
Building Size
3,149 SF
Asset Type
MultiFamily
Closing
Sep 29, 2022
AI
The multifamily property located at 432 Marlborough St in Boston, MA has been sold for a price of $3,200,000. The property consists of 5 units, with a price per unit of $640,000. The total square footage of the property is 3,149, with a price per square foot of $1,016.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Units: 5
- Price per Unit: $640,000
- Square Footage: 3,149
- Price per Square Foot: $1,016
The buyer was represented by Currier, Lane & Young from Compass, while the seller was represented by Matthew Yanosy from Boston Realty Net.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93