Updated Dec 21, 2023
Boston Trust Realty Group Sells Multifamily Property On Boardman St For $700K
49 Boardman Street, Boston, Massachusetts, USA
$700,000
$317/SF
Building Size
2,203 SF
Asset Type
MultiFamily
Closing
Aug 2, 2020
About this deal
AI
The multifamily property located at 49 Boardman St in Boston, MA has been sold in a recent transaction. The property spans across 2,203 square feet and features multiple living units. The transaction took place on 08/02/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $700,000
- Market: Boston, MA
- Broker: Corina Houston - Boston Trust Realty Group
The property was listed with an asking price of $695,000, and it sold for $700,000. The price per square foot was calculated at $318. Corina Houston from Boston Trust Realty Group represented the parties involved in the transaction.
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
22.66%
Cash-on-Cash
-6.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93