David Fay Of Re/Max Brokers $1.68M Multifamily Sale In Allston, MA
44 Ashford Street
$1,680,000
$431/SF
Building Size
3,896 SF
Asset Type
MultiFamily
Closing
Mar 28, 2024
AI
44 Ashford St. in Boston, MA, sold for $1.68 million, showcasing a solid 3-family Victorian-style building in a prime BU Allston location. The property spans 3,896 square feet and was sold at a price per square foot of $431.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,680,000
- Units: 3
- Price Per Unit: $560,000
- Square Footage: 3,896
- Price Per Square Foot: $431
- Address: 44 Ashford Street
- Market: Allston, MA
David Fay from Re/Max served as the broker for this transaction, facilitating the sale of the 3-family Victorian property at 44 Ashford Street in Boston. His expertise and representation were instrumental in closing the deal successfully.
Players
Allston 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
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93