Joyce Lebedew Real Estate Acquires Multifamily Property On 45 M St In Boston, MA
SOLD
$2,160,000
Massachusetts
See Similar DealsMultiFamily3,207 SF
Sold 11/09/2021
SOLD
Joyce Lebedew Real Estate Acquires Multifamily Property On 45 M St In Boston, MA
45 M St, Boston, Massachusetts, USA
See Similar DealsMultiFamily3,207 SF
Sold 11/09/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$673
Total Square Footage:3,207 SF
Transaction Type:Sale
The multifamily property located at 45 M St in Boston, MA has been sold for $2,160,000. The property spans over 3,207 square feet, resulting in a price per square foot of $674.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,160,000
- Address: 45 M St, Boston, MA
- Market: Boston, MA
- Buyer's Rep: Joyce Lebedew - Joyce Lebedew Real Estate
- Seller's Rep: The Reardon Team - William Raveis R.E. & Home Services
Joyce Lebedew from Joyce Lebedew Real Estate represented the buyer in this transaction, while The Reardon Team from William Raveis R.E. & Home Services represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$115,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,674.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,239.50
Annual Debt Service$122,874.02
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