Urban Circle Realty Acquires Multifamily Property In Boston For $1.15M
SOLD
$1,150,000
Massachusetts
See Similar DealsMultiFamily1,800 SF
Sold 12/07/2021
SOLD
Urban Circle Realty Acquires Multifamily Property In Boston For $1.15M
53 Jeffries Street, Boston, Massachusetts 02128, United States
See Similar DealsMultiFamily1,800 SF
Sold 12/07/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$638
Total Square Footage:1,800 SF
Transaction Type:Sale
Located at 53 Jeffries St in Boston, MA, this multifamily property was recently sold for $1,150,000. Spanning across 1,800 square feet, the property offers a price per square foot of $639.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 53 Jeffries St, Boston, MA
- Market: Boston, MA
The buyer's representative in this deal was Sherean Azarmi from Urban Circle Realty, while the seller was represented by Karin O'Connor from Compass.
Note: No additional information was provided regarding the property or the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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