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559 E 4th St, South Boston,...

Updated Dec 21, 2023

Gabrielle Agrippino Acquires Multifamily Property In South Boston For $2.3M
SOLDMultiFamily

Gabrielle Agrippino Acquires Multifamily Property In South Boston For $2.3M

559 E 4th St, South Boston, Boston, Massachusetts, USA

$2,300,000

$525/SF

Building Size

4,377 SF

Asset Type

MultiFamily

Closing

Sep 30, 2021

About this deal

AI

The multifamily property located at 559 E 4th St in South Boston, MA was recently sold. The sale was completed on September 30, 2021, with Michael F. Joyce as the seller. The buyer of the property is Gabrielle Agrippino.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Units: 3
  • Price per Unit: $766,667
  • Square Footage: 4,377
  • Price per Square Foot: $525
  • Address: 559 E 4th St, South Boston, MA
  • Market: South Boston, MA

The sale price for the property was $2,300,000. The property consists of 3 units with a price per unit of $766,667. The total square footage of the property is 4,377, resulting in a price per square foot of $525. This transaction represents a successful sale in the South Boston market.

Players

South Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $525 per square foot on a published $2.3M for 4,377 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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