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Saul Perlera & Judy Luca Close $1.175M Multifamily Sale In Boston, MA

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SOLD
$1,175,000

Massachusetts

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MultiFamily2,819 SF
Sold 02/02/2024
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Property Image
SOLD

Saul Perlera & Judy Luca Close $1.175M Multifamily Sale In Boston, MA

479 Summer Street

See Similar Deals
MultiFamily2,819 SF
Sold 02/02/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$416
Total Square Footage:2,819 SF
Transaction Type:Sale

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:

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

Saul Perlera
4 deals$5M volume
BROKER

Judy Luca
Keller Williams Realty
1 deal$1.2M volume(617) 264-0821
BROKER

Details

SOLD
IMAGE: Judy Luca & Saul Perlera DATE: 02/02/2024 ADDRESS: 479 Summer Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Saul Perlera - Perlera Real Estate (@Perlera.RE) SELLER'S REP: Judy Luca (@LucaJudy) - Keller Williams (@KWBostonMetro) SALE PRICE: $1,175,000 SF: 2,819 ~ PPSF: $417 NOTE: The multifamily property located at 479 Summer Street in Boston, MA, was sold for $1,175,000. Saul Perlera of Perlera Real Estate represented the buyer, while Judy Luca of Keller Williams acted as the seller's representative in the transaction.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$62,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,174.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,570.10
Annual Debt Service$66,841.19