Vicky Xiao Of Century 21 North East Acquires Multifamily Property In Boston, MA For $1.12M
SOLD
$1,120,000
Massachusetts
See Similar DealsMultiFamily3,345 SF
Sold 11/12/2021
SOLD
Vicky Xiao Of Century 21 North East Acquires Multifamily Property In Boston, MA For $1.12M
52 Percival Street, Boston, MA, USA
See Similar DealsMultiFamily3,345 SF
Sold 11/12/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$334
Total Square Footage:3,345 SF
Transaction Type:Sale
The multifamily property located at 52 Percival St in Boston, MA was recently sold for a total sale price of $1,120,000. Spanning across a total area of 3,345 square feet, this property offers a spacious living space for its future occupants. With a price per square foot of $335, this sale signifies a potentially lucrative investment opportunity in the Boston real estate market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,120,000
- Address: 52 Percival St, Boston, MA
- Market: Boston, MA
- Total Square Footage: 3,345
- Price Per Square Foot: $335
Representing the buyer in this transaction was Vicky Xiao from Century 21 North East. On the other hand, the seller was represented by Anne Galvin and Craig Galvin from The Galvin Group, LLC. Their expertise in the real estate industry contributed to the successful completion of this multifamily property sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$59,733.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,979.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,309.37
Annual Debt Service$63,712.46
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