Updated Dec 20, 2023
Lamacchia Realty, Inc. Facilitates $1.325M Sale Of Multifamily Property In Boston, MA
56 Mansfield St, Boston, Massachusetts, USA
$1,325,000
$374/SF
Building Size
3,534 SF
Asset Type
MultiFamily
Closing
Dec 2, 2021
About this deal
AI
The multifamily property located at 56 Mansfield St in Boston, MA has been sold for $1,325,000. The transaction took place on 12/02/2021 and the property spans across 3,534 square feet. The price per square foot was $375.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,325,000
- Address: 56 Mansfield St, Boston, MA
- Market: Boston, MA
The sale was facilitated by Joselin Malkhasian from Lamacchia Realty, Inc.
The multifamily sale at 56 Mansfield St, Boston, Massachusetts, USA in Boston, Massachusetts sold for $1.3M in 2021. The building is 3,534 square feet, implying about 374 per square foot on the published price. Joselin Malkhasian, Lamacchia Realty appear on the sale alongside Lamacchia Realty. This page is the Boston, Massachusetts file for the 56 Mansfield St, Boston, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 56 Mansfield St, Boston, Massachusetts, USA around 2021. Published consideration for 56 Mansfield St, Boston, Massachusetts, USA is $1.3M, dated 2021. Cite this Lamacchia Realty, Inc. Facilitates $1.325M Sale Of Multifamily Property In Boston, MA sale when underwriting similar multifamily product around Boston, Massachusetts.
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
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93