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Susan DeRosas & Michael Deluca Of Coldwell Banker Broker Roslindale Multifamily Sale At $1.2M
SOLD
Massachusetts
See Similar DealsMultiFamily4,488 SF
Sold 05/20/2024
SOLD
Susan DeRosas & Michael Deluca Of Coldwell Banker Broker Roslindale Multifamily Sale At $1.2M
4467 Washington Street
See Similar DealsMultiFamily4,488 SF
Sold 05/20/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$267
Total Square Footage:4,488 SF
Transaction Type:Sale
A large Roslindale three-family property at 4467 Washington St, Boston, MA 02131, with six beds, three baths, and 4,488 sq ft, was sold for $1,200,000, presenting a valuable opportunity for either renovation or redevelopment as part of a potential ten-unit project.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Market: Boston, MA
- Square Footage: 4,488
- Price per Square Foot: $267
The property at 4467 Washington St was brokered by Susan deRosas and Michael Deluca of Coldwell Banker, showcasing their expertise in facilitating transactions in the Boston area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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