Reid Zurlo Acquires Multifamily Property On Walk Hill St In Boston For $1.055M
SOLD
$1,055,000
Massachusetts
See Similar DealsMultiFamily3,230 SF
Sold 06/04/2020
SOLD
Reid Zurlo Acquires Multifamily Property On Walk Hill St In Boston For $1.055M
55 Walk Hill Street, Boston, Massachusetts, USA
See Similar DealsMultiFamily3,230 SF
Sold 06/04/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$326
Total Square Footage:3,230 SF
Transaction Type:Sale
A multifamily property located at 55 Walk Hill St in Boston, MA has been sold for a price of $1,055,000. The property spans a total of 3,230 square feet, resulting in a price per square foot of $327.
Summary of Transaction Details:
- Property Type: Multifamily
- Sale Price: $1,055,000
- Square Footage: 3,230
- Price per Square Foot: $327
- Date: 06/04/2021
- Market: Boston, MA
Rachael Kulik from Insight Realty Group, Inc. represented the seller in this transaction, while Reid Zurlo from Coldwell Banker Realty - Lexington represented the buyer.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$56,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,748.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,001.24
Annual Debt Service$60,014.86
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