Updated Dec 18, 2023
Cameron Prestige Acquires Multifamily Property On School St For $1.335M
45 School Street, Boston, Massachusetts 02108, United States
$1,335,000
$358/SF
Building Size
3,724 SF
Asset Type
MultiFamily
Closing
May 4, 2022
About this deal
AI
The multifamily property located at 45 School St in Boston, MA was recently sold in a closed transaction on May 5, 2022. The property spans a total area of 3,724 square feet and was sold for a price of $1,335,000, resulting in a price per square foot of $358.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,335,000
- Address: 45 School St, Boston, MA
- Market: Boston, MA
The buyer in the transaction was represented by Khurram Zaheer from Cameron Prestige, LLC. On the other hand, the seller was represented by George Stamatos from Pondside Realty.
On the Map
$1,335,000
$358/SF
MultiFamily
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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
11.88%
Cash-on-Cash
-3.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93