Sean Packard Of Centre Realty Group Acquires Multifamily Property In Boston For $1.06M
55 Hollander Street, Boston, MA, USA
$1,060,000
$242/SF
Building Size
4,371 SF
Asset Type
MultiFamily
Closing
May 9, 2021
AI
The multifamily property located at 55 Hollander St in Boston, MA has been sold for $1,060,000. The transaction took place on May 10, 2021. The property features multiple residential units and is part of the Boston real estate market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Date: 05/10/2021
- Address: 55 Hollander St, Boston, MA
- Seller's Rep: Doug Gilmore - RE/MAX Spectrum
- Buyer's Rep: Sean Packard - Centre Realty Group
Doug Gilmore from RE/MAX Spectrum represented the seller in this transaction, while Sean Packard from Centre Realty Group represented the buyer.
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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93