Updated Sep 5, 2024
Keller Williams Realty Brokers $1.7M Multifamily Sale In Boston MA
517 E 8th St, Boston, Massachusetts, USA
$1,695,000
$522/SF
Building Size
3,244 SF
Asset Type
MultiFamily
Closing
May 6, 2021
About this deal
AI
The multifamily property located at 517 E 8th St in Boston, MA was recently sold for a price of $1,695,000. The property spans a total area of 3,244 square feet, resulting in a price per square foot of $523. The transaction took place on 05/07/2021 and the sale was facilitated by Calder Billings from Keller Williams Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,695,000
- Date: 05/07/2021
- Address: 517 E 8th St
- Market: Boston, MA
- Broker: Calder Billings - Keller Williams Realty
- Square Footage: 3,244
- Price per Square Foot: $523
Calder Billings from Keller Williams Realty played a pivotal role as the broker in this transaction, representing the buyer or seller involved in the deal. The successful completion of this sale showcases the vibrant real estate market in Boston, MA.
South 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
9.36%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93