Updated Dec 21, 2023
Nasim Kamal Acquires Multifamily Property In East Boston, MA For $1.18M
444 Sumner Street, East Boston, Boston, MA, USA
$1,180,000
$357/SF
Building Size
3,298 SF
Asset Type
MultiFamily
Closing
Feb 9, 2021
About this deal
AI
The multifamily property located at 444 Sumner Street in East Boston, MA has been sold in a closed transaction. The property spans a total area of 3,298 square feet and was sold for a price of $1,180,000. This translates to a price per square foot of $358.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Address: 444 Sumner Street, East Boston, MA
- Market: East Boston, MA
- Seller: Jose A. Callejas
- Buyer: Nasim Kamal
The seller, Jose A. Callejas, and the buyer, Nasim Kamal, were the key individuals involved in this transaction. No additional details about the deal are available.
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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93