facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

46 Neponset Avenue, Boston,...

Huy Pham Acquires Multifamily Property On Neponset Ave, Boston For $1.185M
SOLDMultiFamily

Huy Pham Acquires Multifamily Property On Neponset Ave, Boston For $1.185M

46 Neponset Avenue, Boston, MA 02136, USA

$1,185,000

$337/SF

Building Size

3,507 SF

Asset Type

MultiFamily

Closing

May 28, 2020

AI

Located at 46 Neponset Ave in Boston, MA, this multifamily property was recently sold on May 28, 2021. The transaction was facilitated by Wai Yi Sammi Ng from eXp Realty, representing the seller, and Huy Pham from CoughlinHomes.com, representing the buyer. The property spans 3,507 square feet and was sold for $1,185,000, resulting in a price per square foot of $338.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,185,000
  • Seller's Representative: Wai Yi Sammi Ng - eXp Realty
  • Buyer's Representative: Huy Pham - CoughlinHomes.com
  • Market: Boston, MA

This successful transaction demonstrates the professional expertise of Wai Yi Sammi Ng from eXp Realty and Huy Pham from CoughlinHomes.com in the Boston, MA market. Both parties worked diligently to ensure a smooth and profitable sale of the multifamily property at 46 Neponset Ave.

Players

Huy Pham

Broker

$2.5M

vol

2 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.39%

Cash-on-Cash

-3.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93