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44 Ashley Street

Century 21 Mario Real Estate Sells Multifamily Property In East Boston For $960,000.00
SOLDMultiFamily

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

Joseph Mario

Century 21

Broker

$960K

vol

1 deal

Broker

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