facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

49 Bayard Street

Patti Brainard & David Fay Close $1.43M Multifamily Sale In Allston, MA
SOLDMultiFamily

Patti Brainard & David Fay Close $1.43M Multifamily Sale In Allston, MA

49 Bayard Street

$1,430,000

$405/SF

Building Size

3,530 SF

Asset Type

MultiFamily

Closing

May 23, 2024

AI

A two-family investment property located at 49 Bayard Street and 27 Myrick Street in Lower-Allston, Boston, was sold for $1,430,000. The property features two units with direct entry, four off-street parking spaces, and convenient access to neighborhood amenities, including Boston Landing Station, Arsenal Yards Shopping, and Harvard Square.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,430,000
  • Units: 2
  • Price Per Unit: $715,000
  • Square Footage: 3,530
  • Price Per Square Foot: $405
  • Address: 49 Bayard Street
  • Market: Allston, MA

Patti Brainard from Compass represented the buyer in this transaction, while the seller was represented by David Fay from Re/Max.

Players

Patti Brainard

Compass

Broker

$6.6M

vol

4 deals

Broker

Allston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.09%

Cash-on-Cash

-3.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93