Updated Dec 20, 2023
The Massic Group Brokers $1M Multifamily Sale At 44 Bowdoin Ave, Boston, MA
44 Bowdoin Avenue, Boston, Massachusetts 02121, United States
$1,000,000
$207/SF
Building Size
4,809 SF
Asset Type
MultiFamily
Closing
May 15, 2022
About this deal
AI
The multifamily property located at 44 Bowdoin Ave in Boston, MA has been sold for a price of $1,000,000. The property spans a total of 4,809 square feet, resulting in a price per square foot of $208. The transaction took place on 05/16/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Square Footage: 4,809
- Price per Square Foot: $208
- Address: 44 Bowdoin Ave, Boston, MA
- Market: Boston, MA
Toby Grooms from The Massic Group represented the buyer and seller in this transaction.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93