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52 Clement Avenue

Updated Dec 4, 2024

Entela Tase Of Coldwell Banker Realty Acquires Multifamily Property In Boston For $1.03M
SOLDMultiFamily

Entela Tase Of Coldwell Banker Realty Acquires Multifamily Property In Boston For $1.03M

52 Clement Avenue

$1,030,000

$300/SF

Building Size

3,424 SF

Asset Type

MultiFamily

Closing

Oct 16, 2023

About this deal

AI

A multifamily property located at 52 Clement Avenue in Boston, MA, has been sold in a closed transaction. The property was sold for a total price of $1.03 million, with a sale price of $301 per square foot.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,030,000
  • Square Footage: 3,424
  • Price per Square Foot: $301
  • Address: 52 Clement Avenue, Boston, MA
  • Market: Boston, MA

The buyer in this transaction was represented by Entela Tase from Coldwell Banker Realty - Westwood, while the seller was represented by Waypoint Realty Group from Coldwell Banker Realty - Charlestown.

This closed transaction marks the successful sale of a multifamily property in Boston, MA. Entela Tase, from Coldwell Banker Realty - Westwood, served as the buyer's representative, while Waypoint Realty Group, from Coldwell Banker Realty - Charlestown, represented the seller. The property was sold for a sale price of $1.03 million, at a price of $301 per square foot.

Players

Entela Tase

Coldwell Banker

Broker

$2M

vol

2 deals

Broker

West Roxbury MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $300 per square foot on a published $1M for 3,424 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.40%

Cash-on-Cash

-4.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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