Benjamin Sacco Acquires Apartment Building In Boston For $5.1M
SOLD
$5,100,000
Massachusetts
See Similar DealsMultiFamily4,469 SF
Sold 06/07/2022
SOLD
Benjamin Sacco Acquires Apartment Building In Boston For $5.1M
44 Concord Square, Boston, Massachusetts 02118, United States
See Similar DealsMultiFamily4,469 SF
Sold 06/07/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$1,141
Total Square Footage:4,469 SF
Transaction Type:Sale
The apartment located at 44 Concord Sq in Boston, MA has been sold in a recent transaction. The property spans 4,469 square feet and was sold for a price of $5,100,000, resulting in a price per square foot of $1,141.
Summary of Transaction Details
- Property Type: Apartment
- Transaction Amount: $5,100,000
- Address: 44 Concord Sq, Boston, MA
- Market: Boston, MA
- Square Footage: 4,469
Benjamin Sacco has acquired the apartment from Bruce A. Percelay in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$271,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,119.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,176.60
Annual Debt Service$290,119.22
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