Breck Cinco LLC Acquires Multi Family Property On Breck Avenue In Boston For $1.75M
5 Breck Avenue
$1,750,000
$399/SF
Building Size
4,383 SF
Asset Type
MultiFamily
Closing
Aug 31, 2022
AI
Located at 5 Breck Avenue in Boston, MA, this multi-family property was recently sold in a transaction facilitated by Compass and Frame Residential. The property consists of 3 units with a total square footage of 4,383. The sale price for this property was $1,750,000, resulting in a per unit price of $583,333 and a price per square foot of $399.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $1,750,000
- Units: 3
- Price per unit: $583,333
- Square Footage: 4,383
- Price per square foot: $399
- Address: 5 Breck Avenue, Boston, MA
The buyer, Breck Cinco LLC, was represented by Shalini Shahani from Compass, while the seller, Seamus Hill, was represented by Matthew Petty from Frame Residential.
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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93