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
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