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564 E Fifth St, Boston, Mas...

Updated Dec 18, 2023

Capital Residential Group Acquires Multifamily Property In Boston For $1.1M
SOLDMultiFamily

Capital Residential Group Acquires Multifamily Property In Boston For $1.1M

564 E Fifth St, Boston, Massachusetts, USA

$1,100,000

$554/SF

Building Size

1,984 SF

Asset Type

MultiFamily

Closing

Jul 13, 2020

About this deal

AI

The multifamily property located at 564 E Fifth St in Boston, MA has been sold. The transaction took place on July 13, 2021, and was facilitated by Sandra McCarron of Capital Residential Group, LLC, representing the seller, and BR Brokerage of Boston Residential, representing the buyer. The sale price for the property was $1,100,000. The total square footage of the property is 1,984, resulting in a price per square foot of $554.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Date: 07/13/2021
  • Address: 564 E Fifth St, Boston, MA
  • Seller's Representative: Sandra McCarron - Capital Residential Group, LLC
  • Buyer's Representative: BR Brokerage - Boston Residential

The seller was represented by Sandra McCarron of Capital Residential Group, LLC, while the buyer was represented by BR Brokerage of Boston Residential. The transaction marks a successful sale of a multifamily property in Boston.

Players

Sandra McCarron

Broker

$2.1M

vol

2 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $554 per square foot on a published $1.1M for 1,984 square feet (2020).

Visit Sandra (Sandy) McCarron to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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