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.
On the Map
$1,175,000
$416/SF
MultiFamily
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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