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Saul Perlera & Judy Luca Close $1.175M Multifamily Sale In Boston, MA
SOLD
Massachusetts
See Similar DealsMultiFamily2,819 SF
Sold 02/02/2024
SOLD
Saul Perlera & Judy Luca Close $1.175M Multifamily Sale In Boston, MA
479 Summer Street
See Similar DealsMultiFamily2,819 SF
Sold 02/02/2024
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:
- 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.
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Deal Type
30 years
10 years
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
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