John O'Toole Facilitates Sale Of Multifamily Property In Boston For $1.1M
44 Guild Street
$1,100,000
$316/SF
Building Size
3,474 SF
Asset Type
MultiFamily
Closing
May 14, 2024
AI
Located at 44 Guild St in Boston, MA, this multifamily property was sold for $1,100,000. The property consists of 3 units spanning 3,474 square feet, resulting in a price per unit of $366,667 and a price per square foot of $317. The transaction presented a contractor's special in the historic Fort Hill/Roxbury area with expansive views of the Boston skyline.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Units: 3
- Price per Unit: $366,667
- Square Footage: 3,474
- Price per Square Foot: $317
- Address: 44 Guild Street
- Market: Boston, MA
The buyer's representative in this transaction was Groma Team from Groma Realty, LLC, while the seller's representative was John O'Toole from Olde Towne Real Estate. The deal brought together key individuals and companies in the real estate market, showcasing a successful transaction in the Boston area.
Roxbury MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93