Updated Dec 21, 2023
Wei Gao Sells Multifamily Property In Allston, MA To Chengjie Ji For $1.5M
46 Ashford St, Allston, Boston, MA, USA
$1,500,000
$398/SF
Building Size
3,768 SF
Asset Type
MultiFamily
Closing
May 20, 2021
About this deal
AI
The multifamily property located at 46 Ashford St in Allston, MA was recently sold on May 21, 2021. The property spans 3,768 square feet and was sold at a price of $1,500,000, resulting in a price per square foot of $398.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 46 Ashford St, Allston, MA
- Market: Allston, MA
- Seller: Wei Gao
- Buyer: Chengjie Ji
The buyer, Chengjie Ji, acquired the multifamily property from the seller, Wei Gao. Both parties were represented by their respective brokers in the transaction.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93