Keller Williams Realty Boston-Metro Acquires Multifamily Property In Boston For $1.3M
465 East Eighth Street, South Boston, Massachusetts 02127, United States
$1,300,000
$840/SF
Building Size
1,547 SF
Asset Type
MultiFamily
Closing
May 23, 2022
AI
The multifamily property located at 465 East 8th in Boston, MA has been sold for $1,300,000, according to public records. The property spans approximately 1,547 square feet, resulting in a price per square foot of $840.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,300,000
- Square Footage: 1,547
- Price per Square Foot: $840
- Address: 465 East 8th, Boston, MA
- Market: Boston, MA
The buyer was represented by Joseph Rinaldi from Keller Williams Realty Boston-Metro | Back Bay, while the seller was represented by the Foster/Harrington Team from Coldwell Banker Realty - Milton.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93