Lamacchia Realty, Inc. Facilitates $1.325M Sale Of Multifamily Property In Boston, MA
SOLD
$1,325,000
Massachusetts
See Similar DealsMultiFamily3,534 SF
Sold
SOLD
Lamacchia Realty, Inc. Facilitates $1.325M Sale Of Multifamily Property In Boston, MA
56 Mansfield St, Boston, Massachusetts, USA
See Similar DealsMultiFamily3,534 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$374
Total Square Footage:3,534 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$70,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,707.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,281.18
Annual Debt Service$75,374.11
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