Charles George Acquires Multifamily Property On Jewett St, Boston For $1.05M
SOLD
$1,050,000
Massachusetts
See Similar DealsMultiFamily3,878 SF
Sold 05/14/2021
SOLD
Charles George Acquires Multifamily Property On Jewett St, Boston For $1.05M
54 Jewett St, Boston, Roslindale, Massachusetts, USA
See Similar DealsMultiFamily3,878 SF
Sold 05/14/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$270
Total Square Footage:3,878 SF
Transaction Type:Sale
The multifamily property located at 54 Jewett St in Boston, MA was recently sold for a price of $1,050,000. The property spans a total area of 3,878 square feet, resulting in a price per square foot of $271.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Square Feet: 3,878
- Price per Square Foot: $271
- Date of Sale: 05/14/2021
- Address: 54 Jewett St, Boston, MA
- Seller's Representative: Chris Kostopoulos Group - Keller Williams Realty
- Buyer's Representative: Charles George - Compass
The sale was facilitated by Chris Kostopoulos Group from Keller Williams Realty, who represented the seller. Charles George from Compass acted as the buyer's representative in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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