Updated Dec 18, 2023
Century 21 Shawmut Properties Acquires Multifamily Property In Boston, MA For $1.15M
55 West Eagle Street, East Boston, Massachusetts 02128, United States
$1,150,000
$519/SF
Building Size
2,214 SF
Asset Type
MultiFamily
Closing
May 30, 2022
About this deal
AI
The multifamily property at 55 W Eagle St in Boston, MA has been sold for $1,150,000. The property spans 2,214 square feet, resulting in a price per square foot of $519.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Square Footage: 2,214
- Price per Square Foot: $519
- Address: 55 W Eagle St, Boston, MA
- Market: Boston, MA
Yoon Song from Century 21 Shawmut Properties represented the buyer in this transaction, while Kyle Cabral from Boston Capital Management, Inc. represented the seller.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93