Kensley Dimmott - Centre Realty Group Sells Multifamily Property On Warren St For $1.7M
SOLD
$1,700,000
Massachusetts
See Similar DealsMultiFamily8,584 SF
Sold 04/29/2021
SOLD
Kensley Dimmott - Centre Realty Group Sells Multifamily Property On Warren St For $1.7M
556-560 Warren St, Boston, Massachusetts, USA
See Similar DealsMultiFamily8,584 SF
Sold 04/29/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$198
Total Square Footage:8,584 SF
Transaction Type:Sale
Located at 556-560 Warren St in Boston, MA, this multifamily property was recently sold for a price of $1,700,000. The property offers a total square footage of 8,584, resulting in a price per square foot of $198.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Square Footage: 8,584
- Price per Square Foot: $198
The seller's representative for this transaction was Kensley Dimmott from the Centre Realty Group, while the buyer was represented by Amid El Khoury from Advise Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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