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501 East 7th Street, Boston...

Joyce Lebedew Real Estate Sells Multifamily Property In Boston, MA For $1.325M With Buyer's Rep Jas Bhogal - Gibson Sotheby's International Realty
SOLDMultiFamily

Joyce Lebedew Real Estate Sells Multifamily Property In Boston, MA For $1.325M With Buyer's Rep Jas Bhogal - Gibson Sotheby's International Realty

501 East 7th Street, Boston, Massachusetts, USA

$1,325,000

$560/SF

Building Size

2,364 SF

Asset Type

MultiFamily

Closing

Feb 24, 2021

AI

The multifamily property located at 501 E 7th Street in Boston, MA was recently sold for a price of $1,325,000. The property spans across 2,364 square feet, resulting in a price per square foot of $560.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,325,000
  • Address: 501 E 7th Street, Boston, MA
  • Market: Boston, MA

The seller's representative for this transaction was Joyce Lebedew from Joyce Lebedew Real Estate, while the buyer's representative was Jas Bhogal from Gibson Sotheby's International Realty.

This successful sale of the multifamily property at 501 E 7th Street showcases the expertise of Joyce Lebedew Real Estate and Gibson Sotheby's International Realty in closing successful real estate transactions in Boston, MA.

Players

Joyce Lebedew

Joyce Lebedew Real Estate

Broker

$7.7M

vol

5 deals

Broker

South Boston 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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93