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506 Washington St, Boston, ...

Updated Sep 9, 2024

Danny Zheng's Keller Williams Realty Sells Multifamily Property In Boston, MA For $1.255M With Buyer's Rep Katherine Meisenheimer - Centre Realty Group
SOLDMultiFamily

Danny Zheng's Keller Williams Realty Sells Multifamily Property In Boston, MA For $1.255M With Buyer's Rep Katherine Meisenheimer - Centre Realty Group

506 Washington St, Boston, Brighton, Massachusetts, USA

$1,255,000

$418/SF

Building Size

3,000 SF

Asset Type

MultiFamily

Closing

Jun 7, 2020

About this deal

AI

Located at 506 Washington St in Boston, MA, this property is a multifamily asset that was recently sold in a closed transaction. The sale was facilitated by Danny Zheng from Keller Williams Realty, representing the seller, and Katherine Meisenheimer from Centre Realty Group, representing the buyer.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,255,000
  • Square Footage: 3,000
  • Price Per Square Foot: $418
  • Market: Boston, MA

This transaction represents a successful deal involving key individuals and companies. Danny Zheng, a representative from Keller Williams Realty, worked diligently to represent the seller's interests. On the other side of the deal, Katherine Meisenheimer, from Centre Realty Group, acted as the buyer's representative. Together, they facilitated the sale of this multifamily property, demonstrating their expertise and ability to navigate the real estate market.

Players

Danny Zheng

Keller Williams Realty

Broker

$27M

vol

19 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $418 per square foot on a published $1.3M for 3,000 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.64%

Cash-on-Cash

-3.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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