Tania Cleary Acquires Multifamily Property In Boston, MA For $1.05M
SOLD
Massachusetts
See Similar DealsMultiFamily1,955 SF
Sold 02/01/2021
SOLD
Tania Cleary Acquires Multifamily Property In Boston, MA For $1.05M
46 L Street, Boston, MA, USA
See Similar DealsMultiFamily1,955 SF
Sold 02/01/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$537
Total Square Footage:1,955 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily building located at 46 L Street in Boston, MA. The sale took place on 02/01/2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 46 L Street
- Market: Boston, MA
- Seller's Representative: Dynan Team - Seaport Realty Group
- Buyer's Representative: Tania Cleary - Camdan Realty LLC
- SF: 1,955
- PPSF: $537
The Dynan Team from Seaport Realty Group represented the seller in this transaction, while Tania Cleary from Camdan Realty Llc represented the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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