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49 Alpine Street, Boston, M...

Updated Oct 28, 2024

Roxbury Multifamily Sells For $1.2M - Buyer: 49 Alpine Street Rt & Vineyard 5 LLC Tr, Seller: Stonybrook LLC
SOLDMultiFamily

Roxbury Multifamily Sells For $1.2M - Buyer: 49 Alpine Street Rt & Vineyard 5 LLC Tr, Seller: Stonybrook LLC

49 Alpine Street, Boston, MA, USA

$1,201,000

$488/SF

Building Size

2,459 SF

Asset Type

MultiFamily

Closing

Jul 29, 2021

About this deal

AI

The multifamily property located at 49 Alpine St in Roxbury, MA was recently sold for a total price of $1,201,000. It encompasses 2,459 square feet and has a price per square foot of $488. The property consists of 3 units, with an average price per unit of $400,333.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,201,000
  • Address: 49 Alpine St, Roxbury, MA
  • Market: Roxbury, MA
  • Number of Units: 3
  • Price per Square Foot: $488
  • Seller: Stonybrook Llc
  • Buyer: 49 Alpine Street Rt & Vineyard 5 Llc Tr

In this transaction, Stonybrook Llc acted as the seller, while 49 Alpine Street Rt & Vineyard 5 Llc Tr represented the buyer's interests.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $488 per square foot on a published $1.2M for 2,459 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.21%

Cash-on-Cash

-3.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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