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47A Creighton St, Jamaica P...

Seth Priebatsch Acquires Multifamily Property In Jamaica Plain For $1.2M
SOLDMultiFamily

Seth Priebatsch Acquires Multifamily Property In Jamaica Plain For $1.2M

47A Creighton St, Jamaica Plain, MA 02130, USA

$1,200,000

$33/SF

Building Size

36,320 SF

Asset Type

MultiFamily

Closing

Jun 2, 2020

AI

The multifamily property located at 47A Creighton Street in Jamaica Plain has been sold in a recent transaction for $1,200,000. This property spans across 3,632 square feet, with a price per square foot of $330. It is comprised of three units, resulting in a price per unit of $400,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 47A Creighton Street
  • Market: Jamaica Plain
  • Square Footage: 3,632
  • Price per Square Foot: $330
  • Number of Units: 3
  • Price per Unit: $400,000

The sellers of this property were Sara Navarro and Stephen Uriarte. The buyer, responsible for the acquisition, was Seth Priebatsch. Christian Iantosca from ArborView Realty Boston represented Seth Priebatsch as the broker in this transaction.

Players

Christian Iantosca

Arborview Realty

Broker

$15M

vol

9 deals

Broker
Seth Priebatsch

Seth Priebatsch

Buyer

$62.4M

vol

5 deals

Buyer

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93