Keller Williams Acquires Multifamily Property In Boston, MA For $1.7M
SOLD
$1,700,000
Massachusetts
See Similar DealsMultiFamily4,753 SF
Sold 04/29/2021
SOLD
Keller Williams Acquires Multifamily Property In Boston, MA For $1.7M
48 Allston Street, Boston, Allston, Massachusetts, USA
See Similar DealsMultiFamily4,753 SF
Sold 04/29/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$357
Total Square Footage:4,753 SF
Transaction Type:Sale
A multifamily property located at 48 Allston St in Boston, MA has been sold for a total price of $1,700,000. The property spans an area of 4,753 square feet, resulting in a price per square foot of $358.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 48 Allston St, Boston, MA
- Market: Boston, MA
- Brokers: Jessica Ye & Angela Cui - Keller Williams Realty
- Square Footage: 4,753
- Price per Square Foot: $358
Jessica Ye and Angela Cui from Keller Williams Realty represented the parties involved in the transaction as brokers.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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