Boston Trust Realty Group & MIG Realty Sell Roxbury Multifamily For $635K
SOLD
$635,000
Massachusetts
See Similar DealsMultiFamily1,800 SF
Sold 04/08/2021
SOLD
Boston Trust Realty Group & MIG Realty Sell Roxbury Multifamily For $635K
55 Alpine Street, Washington Park, Boston, MA 02119, USA
See Similar DealsMultiFamily1,800 SF
Sold 04/08/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$352
Total Square Footage:1,800 SF
Transaction Type:Sale
The multifamily property located at 55 Alpine St in Roxbury, MA has been sold for $635,000. The property spans 1,800 square feet, resulting in a price per square foot of $353.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $635,000
- Date: 04/08/2021
- Address: 55 Alpine St, Roxbury, MA
- Market: Roxbury, MA
The sale of this property was facilitated by brokers George Hampton and Robert Nichols of Boston Trust Realty Group and MIG Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$33,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,256.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,010.22
Annual Debt Service$36,122.69
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