Updated Dec 18, 2023
Richard Palladino Of CENTURY 21 North East Sells Multifamily Property On White St In Boston, MA For $1.875M
53-55 White Street, Boston, Massachusetts 02128, United States
$1,875,000
$250/SF
Building Size
7,480 SF
Asset Type
MultiFamily
Closing
Mar 17, 2022
About this deal
AI
A multifamily property located at 53-55 White St in Boston, MA has recently been sold for $1,875,000. The transaction took place on March 18, 2022. The property spans approximately 7,480 square feet, resulting in a price per square foot of $251.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,875,000
- Address: 53-55 White St, Boston, MA
- Market: Boston, MA
- Square Footage: 7,480
- Price per Square Foot: $251
The sale was facilitated by Richard Palladino from CENTURY 21 North East, who acted as the broker representing the parties involved in the transaction.
Players
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
8.46%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93