Updated Dec 21, 2023
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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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