Arborview Realty Inc Acquires Multifamily Property In Jamaica Plain, MA For $1.275M
51 Boylston Street
$1,275,000
$344/SF
Building Size
3,705 SF
Asset Type
MultiFamily
Closing
Sep 1, 2023
AI
A multifamily property located at 51 Boylston Street in Jamaica Plain, MA, was sold for $1,275,000. The property has a total square footage of 3,705, resulting in a price per square foot of $344.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,275,000
- Address: 51 Boylston Street, Jamaica Plain, MA
- Market: Jamaica Plain, MA
The buyer's representative in this transaction was Christian Iantosca from Arborview Realty Inc, while the seller's representative was Thomas "Tom" McFarland from RE/MAX Realty Pros.
Players
Jamaica Plain 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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93