Century 21 Mario Real Estate Sells Multifamily Property In East Boston For $960,000.00
44 Ashley Street
$960,000
$255/SF
Building Size
3,759 SF
Asset Type
MultiFamily
Closing
Apr 6, 2021
AI
Located at 44 Ashley Street in East Boston, MA, this recently sold multifamily property offers a total of 3,759 square feet of space. The property was sold on April 7, 2021, for a sale price of $960,000.00, resulting in a price per square foot of $255. The transaction was facilitated by Joseph Mario from Century 21 Mario Real Estate, representing the seller, and Mark Sciaraffa from Century 21 Seaport, representing the buyer.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $960,000.00
- Address: 44 Ashley Street, East Boston, MA
- Square Footage: 3,759
- Seller's Representative: Joseph Mario - Century 21 Mario Real Estate
- Buyer's Representative: Mark Sciaraffa - Century 21 Seaport
The involvement of Joseph Mario from Century 21 Mario Real Estate as the seller's representative highlights the experienced and reputable agent responsible for managing the sale. On the other hand, Mark Sciaraffa from Century 21 Seaport represented the buyer, showing the importance of reliable representation to ensure a successful transaction.
Players
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
16.52%
Cash-on-Cash
-4.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93