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51 Boylston Street

Arborview Realty Inc Acquires Multifamily Property In Jamaica Plain, MA For $1.275M
SOLDMultiFamily

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

Christian Iantosca

Arborview Realty

Broker

$15M

vol

9 deals

Broker

Jamaica Plain 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

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93