Mark Y. Wang Acquires Multifamily Property On Beech Glen St, Roxbury For $1.5M
SOLD
$1,515,000
Massachusetts
See Similar DealsMultiFamily3,387 SF
Sold 03/05/2021
SOLD
Mark Y. Wang Acquires Multifamily Property On Beech Glen St, Roxbury For $1.5M
47 Beech Glen St, Roxbury, Boston, MA, USA
See Similar DealsMultiFamily3,387 SF
Sold 03/05/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$447
Total Square Footage:3,387 SF
Transaction Type:Sale
A multifamily property located at 47 Beech Glen St in Roxbury has been sold. The property consists of 3,387 square feet and is comprised of 3 units. The sale price for this transaction was $1,515,000, resulting in a price per square foot of $447. The buyer of the property was Mark Y. Wang, while the seller was Fred Starikov.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,515,000
- Square Footage: 3,387
- Price per Square Foot: $447
- Address: 47 Beech Glen St
- Market: Roxbury
This transaction was facilitated by Mark Y. Wang's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$80,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,382.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,181.87
Annual Debt Service$86,182.48
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