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
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
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
12.64%
Cash-on-Cash
-3.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93