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49 Rosedale Street, Boston,...

Centre Realty Group Represents Buyer In $1.025M Multifamily Sale In Boston
SOLDMultiFamily

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

Sean Packard

Centre Realty Group

Broker

$41.2M

vol

19 deals

Broker

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