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46 Thomas Park

Dylan Costello Of Coldwell Banker Facilitates $1.64M Multifamily Sale In Boston
SOLDMultiFamily

Dylan Costello Of Coldwell Banker Facilitates $1.64M Multifamily Sale In Boston

46 Thomas Park

$1,640,000

Building Size

Asset Type

MultiFamily

Closing

Apr 11, 2024

AI

Located at 46 Thomas Park in Boston, MA, the property involved in this transaction is a MultiFamily asset. The sale price for this property was $1,640,000, with a total area of 2,387 square feet, resulting in a price per square foot of $687.

Summary of transaction details:

Dylan Costello from Coldwell Banker represented the buyer in this deal, while John Federico from Grove Property Group served as the seller's representative. The successful transaction at 46 Thomas Park underscores the significance of professional real estate representation in property acquisitions.

Players

Dylan Costello

Coldwell Banker

Broker

$17.6M

vol

8 deals

Broker

South 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

9.67%

Cash-on-Cash

-2.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93