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439 Washington St, Boston, ...

Updated Sep 9, 2024

Keller Williams Realty Acquires Multifamily Property In Boston, MA For $1.25M
SOLDMultiFamily

Keller Williams Realty Acquires Multifamily Property In Boston, MA For $1.25M

439 Washington St, Boston, Massachusetts, USA

$1,250,000

$354/SF

Building Size

3,525 SF

Asset Type

MultiFamily

Closing

Nov 17, 2021

About this deal

AI

An multifamily property located at 439 Washington St in Boston, MA has been sold for $1,250,000. The property consists of three units, with an average price per unit of $416,667. The total square footage of the property is 3,525, resulting in a price per square foot of $355.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Units: 3
  • Price per Unit: $416,667
  • Square Footage: 3,525
  • Price per Square Foot: $355
  • Address: 439 Washington St, Boston, MA
  • Market: Boston, MA

The buyer's representative in this transaction was Danny Zheng from Keller Williams Realty, while the seller's representative was the Nick Lento Group from Coldwell Banker Realty - Arlington.

Players

Danny Zheng

Keller Williams Realty

Broker

$27M

vol

19 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $354 per square foot on a published $1.3M for 3,525 square feet (2021).

Visit Danny Zheng to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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