Gregory McCarthy's Riverfront Realtors Represents Buyer In $1.1M Multifamily Sale In Boston
57-59 Nottinghill Road, Boston, Massachusetts 02135, United States
$1,100,000
$223/SF
Building Size
4,923 SF
Asset Type
MultiFamily
Closing
Jan 20, 2022
AI
The multifamily property located at 57-59 Nottinghill Rd in Boston, MA was recently sold for a total price of $1,100,000. The property spans over a total area of 4,923 square feet, resulting in a price per square foot of $223.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 57-59 Nottinghill Rd, Boston, MA
- Market: Boston, MA
The buyer in this transaction was represented by Gregory McCarthy from Riverfront Realtors. On the other hand, the seller was represented by Chris Remmes Group from Coldwell Banker Realty - South End.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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