Centre Realty Group Represents Buyer In $1.025M Multifamily Sale In Boston
49 Rosedale Street, Boston, Massachusetts, USA
$1,025,000
$319/SF
Building Size
3,210 SF
Asset Type
MultiFamily
Closing
Nov 17, 2021
AI
Located at 49 Rosedale St in Boston, MA, this property is a multifamily asset that was recently sold on November 17, 2021. The sale was facilitated by Sean Packard from Centre Realty Group, representing the buyer, and Matthew Salgado from New Age Signature Properties, representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Square Footage: 3,210
- Price per Square Foot: $319
The buyer's representative, Sean Packard, from Centre Realty Group played a crucial role in ensuring a successful transaction. On the other side, Matthew Salgado, representing New Age Signature Properties, worked diligently to finalize the sale. This transaction demonstrates the expertise and professionalism of both parties involved.
Players
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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93