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47 Revere Street, Boston, M...

Compass Broker Kevin Caulfield Sells Multifamily Property In Boston, MA For $4.2M
SOLDMultiFamily

Compass Broker Kevin Caulfield Sells Multifamily Property In Boston, MA For $4.2M

47 Revere Street, Boston, Massachusetts 02114, United States

$4,200,000

$940/SF

Building Size

4,466 SF

Asset Type

MultiFamily

Closing

Apr 27, 2022

AI

Located at 47 Revere St in Boston, MA, this multifamily property was recently sold in a closed transaction. The sale was handled by Michael Foley from MJ Foley & Assoc., Inc., representing the buyer, and Kevin Caulfield from Compass, representing the seller.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,200,000
  • Square Footage: 4,466
  • Price per Square Foot (PPSF): $940
  • Market: Boston, MA

The property spans 4,466 square feet and was sold for a total of $4,200,000, resulting in a price per square foot of $940. The transaction took place in Boston, MA.

Handling the deal were Michael Foley from MJ Foley & Assoc., Inc., who represented the buyer, and Kevin Caulfield from Compass, who represented the seller. With their expertise, the transaction was successfully completed.

Players

Kevin Caulfield

Compass

Broker

$10.8M

vol

4 deals

Broker

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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93