Updated Dec 4, 2024
Saul Perlera & Judy Luca Close $1.175M Multifamily Sale In Boston, MA
479 Summer Street
$1,175,000
$416/SF
Building Size
2,819 SF
Asset Type
MultiFamily
Closing
Feb 2, 2024
About this deal
AI
The multifamily property located at 479 Summer Street in Boston, MA, was sold for $1,175,000. Spanning 2,819 square feet, the property was sold at a price of $417 per square foot.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Address: 479 Summer Street
- Market: Boston, MA
- Buyer's Representative: Saul Perlera - Perlera Real Estate
- Seller's Representative: Judy Luca - Keller Williams
Saul Perlera of Perlera Real Estate represented the buyer in this transaction, while Judy Luca of Keller Williams acted as the seller's representative.
Players
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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93