Boston Trust Realty Group Acquires Multi-Family Property On Norfolk St For $1.025M
571 Norfolk Street
$1,025,000
$222/SF
Building Size
4,602 SF
Asset Type
MultiFamily
Closing
Aug 30, 2022
AI
Located at 571 Norfolk St in Boston, MA, this multi-family property recently sold for $1,025,000. The property consists of 3 units and offers a price per unit of $341,667. With a total area of 4,602 square feet, the property has a price per square foot of $223.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $1,025,000
- Units: 3
- Price per Unit: $341,667
- Square Footage: 4,602
- Price per Square Foot: $223
- Address: 571 Norfolk St, Boston, MA
- Market: Boston, MA
Handling the transaction were Robert Nichols and Daniel Jeannite from Boston Trust Realty Group.
Players
Holliston 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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93