Updated Dec 4, 2024
Shikha Singh & Zachary Conley Facilitate $2.25M Multifamily Sale In Allston, MA
46-48 Ridgemont Street
$2,250,000
$734/SF
Building Size
3,062 SF
Asset Type
MultiFamily
Closing
Feb 2, 2024
About this deal
AI
In Allston, MA, a multifamily property located at 46-48 Ridgemont Street was sold for $2,250,000. The property spans 3,062 square feet and was sold at a price per square foot of $735.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Address: 46-48 Ridgemont Street
- Market: Allston, MA
Shikha Singh of Re/Max Andrew Realty Services represented the buyer in this transaction, while Zachary Conley of Nextgen Realty acted as the seller's representative.
The multifamily sale at 46-48 Ridgemont Street in Allston, Massachusetts sold for $2.3M in 2024. The building is 3,062 square feet, implying about 734 per square foot on the published price. Zachary Conley, Shikha Singh, Re/Max, Nextgen Realty appear on the sale alongside Re/Max, Nextgen Realty. This page is the Allston, Massachusetts file for the 46-48 Ridgemont Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Allston sit in the Market section below. Filter that Allston multifamily set by closing date to see what else sold near 46-48 Ridgemont Street around 2024. Published consideration for 46-48 Ridgemont Street is $2.3M, dated 2024. Cite this Shikha Singh & Zachary Conley Facilitate $2.25M Multifamily Sale In Allston, MA sale when underwriting similar multifamily product around Allston, Massachusetts.
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Allston 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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93